US Lawyer Database

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 […]

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 […]