What is the Electronic Signatures in Global and National Commerce Act?

The Electronic Signatures in Global and National Commerce Act, commonly referred to as the ESIGN Act, is a federal law enacted in 2000 to provide legal recognition to electronic signatures and contracts in the U.S. The ESIGN Act was established to create uniform practices for the use of electronic records and signatures in the global economy, and to promote trust and confidence in electronic commerce. In the state of Georgia, the ESIGN Act applies to contracts involving interstate commerce. This includes agreements between parties in different states, agreements between parties in different countries, and agreements conducted electronically. The ESIGN Act provides legal protection for electronic transactions by establishing the authenticity and reliability of digital signatures. It also affirms the enforceability of electronic contracts and transactions, making them just as legally binding as those conducted with a physical signature. The ESIGN Act allows individuals in Georgia to enter into contracts with other parties internationally, by simply providing an electronic signature. This not only simplifies the process of transacting business in different countries, but it also promotes trust between those involved. This is especially beneficial when signing long-term contracts or making large purchases. Under the ESIGN Act, an electronic signature is just as legally binding as a signature written on paper.

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What is the Electronic Signatures in Global and National Commerce Act?

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