Yes. Surprisingly the first electronic signature was recognized by U.S. courts in 1867 for a signature sent via telegraph…133 years later a much more advanced e-signature was about to be recognized! Thanks to the Uniform Electronic Transactions Act (UETA), introduced in 1999 and adopted by 47 U.S. states, and the ESIGN Act, a federal law passed in 2000, electronically signed documents now have all the same legal protections as those that are hand signed.
E-signatures are legally binding when obtained in the appropriate way, using compliant technology, authentications and certifications.
Under the UETA and ESIGN Act certain requirements must be met:
- Authentication and identification of the signers during the signing process
- Consensus from both parties must be obtained before doing business electronically
- Security from tampering and proof of signature must be demonstrated
- Documentation of actions and storage, plus retainment of all documents
MSB not only meets but exceeds these requirements; making it easier and faster to verify the identity of the signer and the legitimacy of an electronic signature. With our audit trail, encrypted authentication forms and tamper proof seals, along with many other features, we make your documentation processes effortlessly secure and efficient.
It’s time to leave “wet ink” signatures behind and go digital with MSB!