46-4-401. 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 […]
46-4-402. Time and place of sending and receipt. (1) Unless otherwise agreed between the sender and the recipient, an electronic record is sent when it: (a) is addressed properly or otherwise directed properly to an information processing system that the recipient has designated or uses for the purpose of receiving electronic records or information of […]
46-4-403. Transferable records. (1) As used in this section, “transferable record” means an electronic record that: (a) would be a note under Title 70A, Chapter 3, Uniform Commercial Code – Negotiable Instruments, or a document under Title 70A, Chapter 7a, Uniform Commercial Code – Documents of Title, if the electronic record were in writing; and […]
