Electronic Signature

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Under 15 U.S.C. § 7006(5), the term “electronic signature” refers to an “electronic sound, symbol, or process, attached to or logically associated with a contract or other record and executed and adopted by a person with the intent to sign the record.” The text of 15 U.S.C. 7001(a)(1) explicitly proscribes the denial of a contract’s validity or legal effect solely because it is in electronic form. 

[Last updated in July of 2021 by the Wex Definitions Team]