What is the Electronic Signatures in Global and National Commerce Act?
The Electronic Signatures in Global and National Commerce Act (ESIGN) is a federal law passed in 2000. It is designed to promote the use of electronic signatures and records in place of paper documents for certain types of transactions. This includes contracts, deeds, and other commercial documents, as well as consumer agreements. The purpose of ESIGN is to ensure that electronic signatures and records are as legally binding as paper documents. To achieve this, the law sets out specific rules and regulations that must be followed, such as requiring certain types of authentication and providing consumers with special information before they can sign electronically. In Kansas, ESIGN is implemented through a state electronic signature law. This law is designed to ensure that electronic signatures and records are given the same legal effect as those on paper. It also outlines specific requirements for electronic signature authentication, such as requiring signatories to be physically present and provide a recognized form of identification. Overall, the Electronic Signatures in Global and National Commerce Act is a federal law that seeks to promote the use of electronic signatures and records in business and consumer transactions. By instituting standards for authentication, the law helps ensure that electronic signatures have the same legal power as paper documents. In Kansas, these regulations are further implemented through a state-approved electronic signature law.
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