E-Sign Act

The Electronic Signatures in Global and National Commerce (E-SIGN) Act, enacted in 2000, gives legal recognition to electronic contracts and signatures, ensuring they are as valid as paper-based ones. It allows individuals and businesses to sign documents electronically for most transactions, provided they agree to do so and are informed of their rights. The law promotes digital commerce by establishing that electronic signatures can't be denied validity solely because they are electronic, enabling efficiency and convenience in modern business dealings while maintaining necessary legal protections.