ELECTRONIC SIGNATURES

Similar documents
Moving Towards an Electronic Real Estate Transaction

Electronic And Digital Signatures

Electronic and Digital Signatures

Minnesota State Colleges and Universities System Procedures Chapter 5 Administration Procedures associated with Board Policy 5.22

Minnesota State Colleges and Universities System Guideline Chapter 5 Administration

ELECTRONIC SIGNATURES IN GLOBAL AND NATIONAL COMMERCE ACT

Digital Signatures For Engineering Documents

State of Arkansas Policy Statement on the Use of Electronic Signatures by State Agencies June 2008

A unique biometrics based identifier, such as a fingerprint, voice print, or a retinal scan; or

IBM esignature overview

E-Signatures. Chris Reed. Professor of Electronic Commerce Law

Electronic Signatures: A New Opportunity for Growth. May 10, 2005

E-SIGNATURES FY Movement Mortgage, LLC s e-signature Policy & Procedures Manual. This policy was last revised December 4, 2014.

Issues to Address: The Privacy Concerns of Individuals

Electronic Signature of Retirement Plan Documents

Administrative Guidelines for the Use of Electronic Signatures

POLICY ISSUES IN E-COMMERCE APPLICATIONS: ELECTRONIC RECORD AND SIGNATURE COMPLIANCE. 15 USC 7001 et. seq. (E-SIGN) and

U.S. DEPARTMENT OF EDUCATION

ELECTRONIC SIGNATURE REQUIREMENTS FOR LENDERS

Understanding Digital Signature And Public Key Infrastructure

Article. Robust Signature Capture Using SigPlus Software. Copyright Topaz Systems Inc. All rights reserved.

White Paper. The E-Sign Act. Use and enforceability of identifiers, passwords and personal identification numbers as signatures

TxDOT Policy on Electronic / Digital Signatures

1 Definitions

January 30, 2014 Mortgagee Letter

Authentication of Documents/Use of Professional Stamps

LEGAL UPDATE October 14, 2008 Ashley Strauss-Martin, RANM Legal Hotline and Forms Attorney

5 FAM 140 ACCEPTABILITY AND USE OF ELECTRONIC SIGNATURES

Fill out All Authorization and Prior Authorization Forms Using the Fillable PDFs and Sign Electronically

ELECTRONIC RECORD AND SIGNATURE COMPLIANCE. NASD Rules 3010(d) and 3110(c)(1)(C) SEC Rule 17a-4 15 USC 7001 et. seq. (E-SIGN)

Producing Persuasive Electronic Evidence: How to prevent and prepare for

GETTING YOUR BUSINESS STARTED ON THE INTERNET

Electronic Signature Recordkeeping Guidelines

Electronic Signature and Approval Process

Electronic approvals for forms FAQs

Building a Digital Signature to Meet State Statute Requirements Using a Certificate Authority. Adobe Acrobat Pro DC (Released July 2015)

Case CATalyst is digital-signature ready! Introduction What are digital signatures?... 3

7.3 PREHEARING CONFERENCES AND SETTLEMENT PROCEDURES

Electronic Signature and Routing Process

Office of Chief Counsel

Notify your Account Specialist or Licensing Manger you wish to sign electronically Give the address of the Signatory (if different)

National Institute of Standards and Technology-- Use of Electronic Data Interchange Technology to Create Valid Obligations

Title. This chapter may be cited as the "Uniform Electronic Transactions Act." TOC

Profession Practice Advice for the Profession

ziplogix Digital Ink Training

Electronic Signature: Increasing the Speed and Efficiency of Commercial Transactions

Electronic Signature Article

Authentication of Documents. Use of Professional Seals

Business Issues in the implementation of Digital signatures

How To Choose An Electronic Signature

APGO GUIDANCE ON DOCUMENT AUTHENTICATION. Table of Contents

Electronic Commerce 1 LAWS OF MALAYSIA. Act 658

ELECTRONIC SIGNATURES AND ELECTRONICALLY SIGNED RECORDS

ELECTRONIC SIGNATURES IN GLOBAL AND NATIONAL COMMERCE ACT

Electronic Signature Guidance

Digital Signature Policy Guidelines. Version 1.1. March Contains corrected links to documents

USE OF DIGITAL SIGNATURES IN COMMUNICATIONS WITH PUBLIC ENTITIES IN CALIFORNIA

The Supreme Court of Hawaii seeks public comment regarding proposals of the Hawaii Court Records Rules and Hawaii Electronic Filing and Service Rules.

erecording Best Practices for Recorders

Electronic Signature, Attestation, and Authorship

NYS BEST PRACTICE GUIDELINE G04-001

Contracts 2.0: Making and Enforcing Contracts Online

WACOM esignature Solutions

THE STATE BAR OF CALIFORNIA BUSINESS LAW NEWS BUSINESS LAW SECTION AN OVERVIEW WITH ATTENTION TO CURRENT ISSUES

e-signing Mortgage Loan Documents

and contractual notices

Electronic Signatures: How to Navigate the Last Mile for Your Firm

Wrong Number: Hot Topics In TCPA Compliance & Litigation

S T A T E O F T E N N E S S E E OFFICE OF THE ATTORNEY GENERAL PO BOX NASHVILLE, TENNESSEE August 2, Opinion No.

State of Arizona Policy Authority Office of the Secretary of State

whitepaper THE ESIGN ACT Harnessing New Hiring Efficiencies with Electronic Signatures

SYLLABUS - INSURANCE LAW. In some way, insurance impacts virtually every aspect of modern society.

E-Signature Adoption Trends

ELECTRONIC FILER AGREEMENT

CHAPTER 116. C.12A:12-1 Short title. 1. This act shall be known and may be cited as the "Uniform Electronic Transactions Act."

AUTHENTICATION STANDARDS FOR THE USE OF ELECTRONIC SIGNATURES IN ELECTRONIC DOCUMENTS JANUARY 8, 2008

STATE OF MINNESOTA GRANT CONTRACT

Transcription:

ELECTRONIC SIGNATURES Sarah McGee Assistant General Counsel Jim Nelson Security Risk Analyst Kathy Hanon System Office Budget Director The Minnesota State Colleges and Universities system is an Equal Opportunity employer and educator.

Outline of Today s Webinar Signature Basics Law of Electronic Signature Board Policy 5.25 and Board Procedure 5.25.1

What is the purpose of a signature? Contracts do not have to be signed to binding. The purpose of a signature is to show assent and mutuality. Welsh v. Barnes-Duluth Shipbuilding Co., 21 N.W.2d 43 (Minn. 1945). The American Bar Association identifies four purposes of a signature: (1) Evidence: authentication of a writing by identifying the signer. (2) Ceremony: the act of signing is indicative of the legal significance of the act itself. (3) Approval: the signature expresses the authorization of the writing, the intention that it will have a legal effect. (4) Efficiency and logistics: signatures impart a sense of clarity and finality, reducing the chance of an inquiry beyond the face of the document.

What constitutes a signature? A signature, is more than a set of written characters that have been physically inscribed on paper; it is a symbol that objectively represents the party s willingness to enter into an agreement. Overman v. Minnwest Bank South, A07-1147 (Minn. Ct. App. 2008). A signature may be any symbol made or adopted with an intention, actual or apparent, to authenticate the writing as that of the signer. Restatement (Second) of Contracts 134

What is a signature, cont d The signature of a person, when required by law, (a) must be in the handwriting of the person or, (b) if the person is unable to write, (i) the person s mark or name written by another at the request and in the presence of the person or, (ii) by a rubber stamp facsimile of the person s actual signature, mark, or a signature of the person s name or a mark made by another and adopted for all purposes of signature by the person with a motor disability and affixed in the person's presence. Minn. Stat 645.44 Subd. 14.

What is a signature, cont d No requirement for full name (can be an X) No specified location or type of ink Can be typed or stamped Traps for the unwary: An agreement can consist of one document or a series of documents. Letters and emails can be contracts. The typed name in an e-mail, an e-mail header, or an e-mail signature block have all been held by courts to constitute an electronic signature. Image by Hammer51012 CC SA 2.0 license, available at https://www.flickr.com/photos/hammer51012/3012413440

Applicable e-signature law Minnesota Statutes Ch. 325L, enacted in 2000, the Uniform Electronic Transactions Act governs the use of electronic signatures. A record or signature may not be denied legal effect or enforceability solely because it is in electronic form. Minn. Stat. 325L.07 (a). If a law requires a signature, an electronic signature satisfies the law. Minn. Stat. 325L.07(d). The Electronic Signatures in Global and National Commerce Act (or E- SIGN Act) is a federal law, also enacted in 2000, establishing that electronic signatures, contracts, and records are valid or enforceable if they meet certain criteria. The validity or enforceability of a contract, electronic record, or signature for a transaction affecting interstate commerce cannot be challenged solely because it is in electronic form or because an electronic signature or record was used in the formation of the contract.

What is an electronic signature? The definition is not specific to any one technology, hardware, or software, and may take many forms. An electronic signature is an electronic sound, symbol, or process attached to or logically associated with a record and executed or adopted by a person with the intent to sign the record. Minn. Stat. 325L.02 (h).

Types of electronic signatures An electronic signature may be a faxed or PDF copy of an original signed document, a digitized signature an image of a signature added to a PDF, or signing with an electronic pen pad. May include a typed signatures such as /s/ Jane Doe, or a unique pin number. Electronic signatures include the click through or I accept buttons commonly used on many web sites. If you are clicking I accept or Yes you may be entering into an enforceable contract. Do you have the necessary delegation of authority to bind your college or university? Also includes digital signatures.

What elements make an electronic signature valid? Authentication I am who I say I am. Capturing the Signer s Intent I meant to sign this contract. Binding the Electronic Signature to the Document This is the document I signed. Document Integrity This document hasn t changed since I signed it.

Board Policy 5.25 http://www.mnscu.edu/board/policy/525.html Approves use of electronic signatures following System Procedure. Defines key terms. Requires any college or university wishing to use electronic signatures to ensure any risks are offset with anticipated benefits, consistent with system procedure. Requires the security of the electronic signature method be commensurate with the risk of the transaction.

System Procedure 5.25.1 http://www.mnscu.edu/board/procedure/525p1.html Requires policies/procedures at the campus level for approving technology, and authorizing employees for using e-signatures. Must appoint an electronic signature manager locally. Categorize transactions: Critical impact High impact Medium impact Low impact Multiple forms of electronic signatures permissible, depending on the impact of the transaction.

Allowable e-signature methods Digitized signatures Graphical images Faxed or scanned signatures Single- or multi-factor authenticated electronic signatures Digital signatures

What is a digital signature? A digital signature is a distinct technological implementation of an electronic signature. It is a mathematical scheme for determining the source of a digital message or document. It is not a facsimile of a handwritten signature (i.e. a scan of a written signature). All digital signatures are electronic signatures, but not vice versa. The Minnesota Electronic Authentication Act defines a digital signature as A transformation of a message using an asymmetric cryptosystem such that a person having the initial message and the signer s public key can accurately determine: (1) whether the transformation was created using the private key that corresponds to the signer s public key; and (2) whether the initial message has been altered since the transformation was made. Minn. Stat. Ch. 325K.

Digital Signatures A digital signature may look something like: -------BEGIN SIGNATURE------ IQB1AwUsBMVSiA5QYCuMfgNYjFQAAKgL/ZkBfbeNEsbthba4Blrc njaqbckgnv+a5kr4537y8drc+rhm75yyh5xxa1ojelwnhihb7cltrp 2V7LlOnAelws4S87UX80cLBtBbcN6AACf11qymC2h+Rb2j5SU+rm XWru+=QFMx ------END SIGNATURE------ Or like:

E-signature matrix Use of any of the type of e-signature depends on where the transaction falls on the matrix.

Additional Requirements of System Procedure 5.25.1 Part 6 of the system procedure requires both parties to consent to do business electronically, and that users must have a way to opt-out of using electronic signatures. Required by law. E.g., Minn. Stat. 325L.05. What does it mean to consent? Whether the parties agree to conduct transactions by electronic means is determined from the context and surrounding circumstances, including the parties' conduct. Id. Each transaction or an action or set of actions must be examined individually to determine whether the parties have agreed to conduct that specific transaction by electronic means. SN4, LLC v. Anchor Bank, A13-1566, (Minn. Ct. App., 2014).

Consent to Conduct Business Electronically Even if you have conducted business through electronic signatures in the past, the parties do not have to continue doing business that way. [W]hile contracting parties may agree to negotiate and form a contract by electronic means, doing so does not mean that they have also agreed to electronically subscribe to whatever agreement may result from their electronic negotiations. SN4, LLC v. Anchor Bank, A13-1566, 2014 WL 2441343(Minn. Ct. App., 2014).

Additional Requirements of System Procedure 5.25.1 Ability to reproduce electronic records Transmission in a printable/storable form Identification of alterations Approval of digital signature technologies and password/pin (single- or multi-factor) technologies by the system office CIO. Review of transaction categories and technologies on a 3 year basis

A word of caution This policy and procedure do not change the delegation of authority requirements. System Procedure 1A.2.2 Delegation of Authority http://www.mnscu.edu/board/procedure/1a02p2.html This policy and procedure do not change records retention requirements. This policy and procedure do not change system procedure that requires system legal counsel to review of all nontemplate contracts (including click-throughs).

System Guidelines 5.25.1.1 and more A business and technical working group is drafting specific guidelines for implementation https://connect.mnscu.edu/sites/e-signature/sitepages/home.aspx Draft guidelines anticipated Summer 2015 Digital Signature product RFP forthcoming

Contact Information Minnesota State Colleges & Universities System Office Sarah McGee Assistant General Counsel Sarah.McGee@so.mnscu.edu 651-201-1410 Kathy Hanon System Office Budget Director Kathy.Hanon@so.mnscu.edu 651-201-1709 Jim Nelson Security Risk Analyst Jim.Nelson@so.mnscu.edu 651-201-1453 Please take a few minutes to complete our poll! Office of General Counsel www.ogc.mnscu.edu