Question

what is the definition of an electronic signature according to the E-sign act when was it approved and how many states have accroted this standards

Answer 1

Definition of Electronic signature: An electronic signature is a process, sound or symbol which is associated with a record or contract that has been adopted by signer making it legally enforceable. Electronic signatures can be electronically signed authorization, verbal authorization or simply clicking the checkbox. The two most important components of electronic signature are:

1. Verifiable Document/Record
2. Signer's intent to sign

The E-sign Act was passed on June 30, 2000 by President Bill Clinton by signing the Electronic Signatures in global and National Commerce Act (E-sign Act) without a pen. E-signature was granted the same status as written signatures under terms of this legislation.

UETA (Uniform Electronic Transactions Act) provides legal framework pertaining to the use of electronic signatures. UETA has been adopted by 47 states, U.S. Virgin islands, Puerto Rico and the District of Columbia. Three states Illinois, Washington and New York have their own statutes for electronic signatures and have not adapted to UETA.