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President Signs Ground-Breaking Legislation Validating The Use Of Electronic Signatures And Records

July 01, 2000

By Behnam Dayanim

The law took a significant step forward into the electronic age with the recent passage, after more than a year of effort, of the Electronic Signatures in Global and National Commerce Act. The Act, most (but not all) of which takes effect October 1, 2000, represents both a recognition of the growth of e-commerce and an emerging consensus regarding the types of legal rules best suited to foster its continued expansion.

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