554D.108 Legal recognition of electronic records, electronic signatures, and electronic contracts.
1. A record or signature shall not be denied legal effect or enforceability solely because it is in electronic form.
2. A contract shall not be denied legal effect or enforceability solely because an electronic record was used in its formation or because the contract is a smart contract or contains a smart contract provision.
3. If a law requires a record to be in writing, an electronic record satisfies the law.
4. If a law requires a signature, an electronic signature satisfies the law.
2000 Acts, ch 1189, §8; 2021 Acts, ch 116, §4, 5
2021 amendment to subsection 2 effective January 1, 2022; 2021 Acts, ch 116, §5
Subsection 2 amended