Georgian version of ESIGN “most fair and effective law”

February 10, 2009

Who says that this is just about streamlining business.  Hot from the Georgia Times:

Justice

The Best and Worst Laws of 2008

The NGO Law for People named the most fair and unfair laws of 2008 last week.

Law for People says the most fair and effective law of 2008 was the one adopted on March 14, 2008 about Electronic Signing and Electronic Documents. This law enables people to use an electronic document which has the same power as the hard copy of the document. Both documents are valid if they are approved by electronic signature. This would cut red tape and make the citizen’s relations with various organizations easier. The amendments to the Law About Public Registry is also a positive improvement, the NGO says. The amendments allow for a faster payment service, grant the Public Register the authority to identify the owner of a property, clarify the rights and obligations of the owners of immovable assets etc.

Law for People has been conducting annual monitoring of new laws since 2004, saying it wants to encourage the creation of just laws.


Tax Time and other eSignature Events

February 2, 2009

The IRS reports that last year nearly 90 million (around 58%) of US tax returns were submitted electronically, using the IRS approved PIN-based signatures.  These simple electronic signatures show the increasing comfort of the American public with use of electronic signatures on extremely important legal documents.

Also – Silanis had a recent webcast where Patrick Hatfield of Locke Lord Bissell and Liddell, LLP presented on recent case law around use of electronic signatures. You can download the presentation from Silanis or get a PDF summary from Locke Lord Bissell and Liddell. The gist of it is: Make sure that the intent is confirmed, i.e. make it very clear that the signer is aware of the affirmative action of the electronic “I agree.”  The courts will enforce the signature like any other, even in insurance recission cases!

An interesting point made by Patrick in the presentation: there are still no cases where the purported signer has denied that he signed the contract.  Does this mean that we are spending too many calories worrying about signer authentication?


Follow

Get every new post delivered to your Inbox.