When it comes to electronic signatures and electronic signature legality, there are four key characteristics that must be met in order for them to be legal under U.S. law. These conditions are outlined in the Uniform Electronic Transactions Act (UETA) and the United States Electronic Signatures in Global and National Commerce Act (ESIGN Act).
For eSignature security and compliance and an electronic signature to be legally binding, both parties must have the intention to sign it. This is similar to traditional wet ink signatures. In addition, both parties must agree to conduct business electronically. This can be determined by analyzing the conditions of the encounter.
Global enterprises often use digital signatures to comply with these eSign compliance regulations. Digital signatures provide a secure and tamper-proof way to conduct business electronically.
So, what does all of this mean for you? If you're doing business electronically, it's important to be aware of these regulations and make sure you're in compliance. Digital signatures are a great way to do this. Not only are they secured and tamper-proof, but they also meet the legal requirements outlined in UETA and ESIGN Act.