Electronic Signatures and Records Gain Validity | AccountingWEB

Electronic Signatures and Records Gain Validity

Electronic signatures and records are now valid according to the Uniform Electronic Transactions Act (UETA). The UETA was approved at the recent National Conference of Commissioners on Uniform State Laws (NCCUSL), and will go into effect January 1.

But don't give up manually signing your name just yet. Although the UETA was created to support electronic commerce by allowing the use of electronic records and signatures in many transactions, it does not mandate their use.

The UETA provides a technical definition of an electronic signature, but it does not discriminate between different forms of technology. The UETA also authorizes state governments to create, communicate, receive and store records electronically.

Wait, there's more!
There's always more at AccountingWEB. We're an active community of financial professionals and journalists who strive to bring you valuable content every day. If you'd like, let us know your interests and we'll send you a few articles every week either in taxation, practice excellence, or just our most popular stories from that week. It's free to sign up and to be a part of our community.