§12A-15-105. Use of electronic records and electronic signatures; variation by agreement.
USE OF ELECTRONIC RECORDS AND ELECTRONIC SIGNATURES; VARIATION BY AGREEMENT (a) This act does not require a record or signature to be created, generated, sent, communicated, received, stored, or otherwise processed or used by electronic means or in electronic form. (b) This act applies only to transactions between parties each of which has agreed to […]
§12A-15-121. Registration of certification authorities.
(a) No person, other than a state agency, board, or commission, shall act as a registered certification authority in this state until such person: (1) Registers with the Secretary on forms approved and provided by the Secretary; (2) Files with the Secretary a good and sufficient surety bond, certificate of insurance, or other evidence of […]
§12A-15-106. Construction and application
CONSTRUCTION AND APPLICATION This act must be construed and applied: (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; and (3) to effectuate its general purpose to make uniform the law with respect to the subject […]
§12A-15-107. Legal recognition of electronic records, electronic signatures, and electronic contracts.
LEGAL RECOGNITION OF ELECTRONIC RECORDS, ELECTRONIC SIGNATURES, AND ELECTRONIC CONTRACTS (a) A record or signature may not be denied legal effect or enforceability solely because it is in electronic form. (b) A contract may not be denied legal effect or enforceability solely because an electronic record was used in its formation. (c) If a law […]
§12A-15-108. Provision of information in writing; presentation of records.
PROVISION OF INFORMATION IN WRITING; PRESENTATION OF RECORDS (a) 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, as the case may be, in […]
§12A-15-109. Attribution and effect of electronic record and electronic signature.
ATTRIBUTION AND EFFECT OF ELECTRONIC RECORD AND ELECTRONIC SIGNATURE (a) An electronic record or electronic signature is attributable to a person if it was the act of the person. The act of the person may be shown in any manner, including a showing of the efficacy of any security procedure applied to determine the person […]
§12A-8-404. Wrongful Registration.
Wrongful Registration. (a) Except as otherwise provided in Section 8-406 of this title, an issuer is liable for wrongful registration of transfer if the issuer has registered a transfer of a security to a person not entitled to it, and the transfer was registered: (1)pursuant to an ineffective indorsement or instruction; (2)after a demand that […]
§12A-11-101. Preservation of Old Transition Provision.
Preservation of Old Transition Provision. – The provisions of Section 10-103 of this title shall continue to apply to this act, and for this purpose, the U.C.C. prior to this act and after this act shall be considered one continuous statute. Laws 1981, c. 194, § 39.
§12A-8-405. Replacement of Lost, Destroyed, or Wrongfully Taken Security Certificate.
Replacement of Lost, Destroyed, or Wrongfully Taken Security Certificate. (a) If an owner of a certificated security, whether in registered or bearer form, claims that the certificate has been lost, destroyed, or wrongfully taken, the issuer shall issue a new certificate if the owner: (1)so requests before the issuer has notice that the certificate has […]
§12A-11-102. Transition to This Act; General Rule.
Transition to This Act; General Rule. – Transactions validly entered into after December 31, 1962, and before October 1, 1981 and which were subject to the provisions of the U.C.C. prior to this act, and which would be subject to this act, as amended if they had been entered into after the effective date of […]