Having a secure, reliable, and legally compliant e-signature solution can’t be overemphasized. With the rise of digital transactions and remote work, businesses are increasingly embracing e-signature solutions to meet the demands of the digital age.
BoldSign is an e-signature solution used to create, send, sign, and manage documents. It offers the convenience of a digital platform, increased efficiency, and legal assurance for those looking to transition to electronic transactions.
Here, we’ll explore Uniform Electronic Transaction Act (UETA) compliance and how BoldSign meets its high standards.
Understanding UETA compliance
UETA is adopted by most states in the US and works in conjunction with the federal Electronic Signatures in Global and National Commerce Act (E-Sign Act) to provide as much legal validity to e-signatures as there is for traditional handwritten signatures. By so doing, e-signature solutions adhere to strict security protocols, data protection regulations, and user authentication measures as required.
Is BoldSign UETA compliant?
BoldSign ensures users trust the integrity of their electronic signatures by facilitating business transactions, implementing a legally valid e-signature process, and ensuring the following key requirements set by UETA and E-Sign are met:
Intent to sign
Signers must agree to the terms of the electronic signature by providing explicit consent on BoldSign.
Consent to do business electronically
The parties involved must consent to conduct transactions electronically. It will be clear that all parties agreed to use electronic means for the agreement.
Association of signature with the record
BoldSign maintains a detailed audit trail of the signing process, documenting each party’s actions. This can be critical in the event of disputes. Signatures are secured and connected to the specific transaction, tracking how and when the signature is applied.
Retention of records
BoldSign securely stores the signed documents for easy accessibility and retrieval. It retains an accurate record of all the details of the document’s signature process, which can always be retrieved by users at convenience for reference purposes.
Legal compliance
BoldSign signatures cannot be used where e-signatures are prohibited like wills, court orders, or family law matters, which may still require traditional signatures.
Technology-neutral
UETA does not mandate the use of specific technology for e-signatures, allowing flexibility in how signatures are collected.
Authentication
BoldSign enhances the security and integrity of the signing process by including various authentication methods to verify and identify signers
By incorporating these features, BoldSign meets the requirements of UETA, providing users with a reliable, legally compliant electronic signature solution.
Conclusion
BoldSign stands out as a leader in providing UETA-compliant electronic signature options. It guarantees operational efficiency and is equipped to navigate the complexities of today’s regulatory environment. Achieve a seamless e-signature process with BoldSign.
