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Home » US Law » 2022 Iowa Code » Title XIII - COMMERCE » Chapter 554D - ELECTRONIC TRANSACTIONS — COMPUTER AGREEMENTS

Section 554D.101 – Short title.

554D.101 Short title. This subchapter may be cited as the “Uniform Electronic Transactions Act”. 2000 Acts, ch 1189, §1; 2004 Acts, ch 1067, §1; 2005 Acts, ch 3, §95

Section 554D.103 – Definitions.

554D.103 Definitions. As used in this chapter, unless the context otherwise requires: 1. “Agreement” means the bargain of the parties in fact, as found in their language or inferred from other circumstances and from rules, regulations, and procedures given the effect of agreements under laws otherwise applicable to a particular transaction. 2. “Automated transaction” means […]

Section 554D.104 – Scope.

554D.104 Scope. 1. Except as provided in subsection 2, this chapter applies to electronic records and electronic signatures relating to a transaction. 2. This chapter does not apply to a transaction to the extent it is governed by any of the following: a. A law governing the creation or execution of wills, codicils, or testamentary […]

Section 554D.106A – Use of distributed ledger technology.

554D.106A Use of distributed ledger technology. A person who, in engaging in or affecting interstate or foreign commerce, uses distributed ledger technology to secure information that the person owns or has the right to use retains the same rights of ownership or use with respect to such information as before the person secured the information […]

Section 554D.107 – Construction and application.

554D.107 Construction and application. This chapter shall be construed and applied as follows: 1. To facilitate electronic transactions consistent with other applicable law. 2. To be consistent with reasonable practices concerning electronic transactions and with the continued expansion of those practices. 3. To effectuate its general purpose to make uniform the law with respect to […]

Section 554D.110 – Provision of information in writing — presentation of records.

554D.110 Provision of information in writing — presentation of records. 1. If parties have agreed to conduct a transaction by electronic means and a law requires a person to provide, send, or deliver information in writing to another person, the requirement is satisfied if the information is provided, sent, or delivered in an electronic record […]

Section 554D.112 – Effect of change or error.

554D.112 Effect of change or error. If a change or error in an electronic record occurs in a transmission between parties to a transaction, the following rules apply: 1. If the parties have agreed to use a security procedure to detect changes or errors and one party has conformed to the procedure, but the other […]

Section 554D.113 – Notarization and acknowledgment.

554D.113 Notarization and acknowledgment. If a law requires a signature or record to be notarized, acknowledged, verified, or made under oath, the requirement is satisfied if the electronic signature of the person authorized to perform those acts, together with all other information required to be included by other applicable law, is attached to or logically […]

Section 554D.114 – Retention of electronic records — originals.

554D.114 Retention of electronic records — originals. 1. If a law requires that a record be retained, the requirement is satisfied by retaining an electronic record of the information in the record which does both of the following: a. Accurately reflects the information set forth in the record after it was first generated in its […]

Section 554D.116 – Automated transaction.

554D.116 Automated transaction. In an automated transaction, the following rules apply: 1. A contract may be formed by the interaction of electronic agents of the parties, even if no individual was aware of or reviewed the electronic agents’ actions or the resulting terms and agreements. 2. A contract may be formed by the interaction of […]

Section 554D.117 – Time and place of sending and receipt.

554D.117 Time and place of sending and receipt. 1. Unless otherwise agreed between the sender and the recipient, an electronic record is sent when all of the following occur: a. The electronic record is addressed properly or otherwise directed properly to an information processing system that the recipient has designated or uses for the purpose […]

Section 554D.118 – Transferable records.

554D.118 Transferable records. 1. For purposes of this section, “transferable record” means an electronic record that satisfies both of the following: a. The electronic record would be a note under chapter 554, article 3, or a document under chapter 554, article 7, if the electronic record were in writing. b. The issuer of the electronic […]