Online Signature Legality for Financial Services in United States

How to eSign a document: online signature legality for Financial Services in United States

hi everyone it's evan brown your favorite technology and intellectual property attorney you know electronic signatures seem to be everywhere it may be or some other service whether you're buying real estate or at the bank or hiring a contractor electronic signatures are much the norm when it comes to executing documents but are they enforceable here are a few things that you should know about electronic signatures the first thing to know about electronic signatures is that they are as good as their paper equivalents in fact there's a federal law that says an electronic signature cannot be denied legal effect merely because it is in electronic form the second thing to know about electronic signatures is that just like signatures written with ink on paper the authenticity of the signature can be disputed so if there is evidence that the signature appearing on this document is not the signature or was not placed by the person whose signature it purports to be a court may find that the signature is invalid and of no effect a third thing to know about electronic signatures is that it's not the writing of the name that counts as a signature but it's affixing the electronic signature to the document that counts there was a recent case from kansas where the issue was whether or not a police officer had actually electronically signed a document when the software he was using just actually caused an image of his signature to appear within the document the court held that that act that intention of the police officer of fixing his signature even though it wasn't him writing his name constituted a valid signature well i hope you have found this information about electronic signatures to be useful and informative if there's anything i can help you out with please drop a line or give me a call if you're watching this video on youtube be sure to subscribe to this channel be sure to like this video leave a comment let me know that you enjoyed it i will talk to you again next time with more information about law and technology thank you