Legality of eSignatures in San Marino
Background
Those in San Marino must comprehend the critical factors involved in implementing electronic signatures. Selecting a service that adheres to local laws, especially the Electronic Commerce Act, is essential to ensure that electronic signatures carry the same legal weight as manual signatures within the nation. While electronic signatures are generally accepted, it is important to note that some documents may still need a physical signature, and consulting legal experts is advisable due to possible differences in local laws.
The security of electronic signature platforms is a paramount consideration. Services need to implement protective security measures such as encryption, identity checks, and comprehensive audit logs to block unauthorized access and validate the authenticity of signed documents. For instance, BoldSign offers these vital security guarantees, meeting legal and safety requirements.
Overview of regulatory framework
Law on the use of electronic communications and e-commerce1
An eSignature is considered to be a reliable electronic signature where it is:
- Uniquely linked to the signer
- Capable of identifying the signatories
- Created using means that the signer can keep their sole control
- Linked to the data it relates to, so that any subsequent change to the data is detectable
Summary analysis
(Law on the use of electronic communications and e-commerce)
| Types of eSignature | Common feature | Unique features |
|---|---|---|
| Standard electronic signature | Data in electronic form is attached to another data in electronic form. | N/A |
| Reliable electronic signature |
|
The scope and limitations of eSignature transactions
The use of electronic signature is not legally recognized for all document types. Some transactions are appropriate for eSignatures, while others are not. Below is a brief analysis and a summary table of these transactions.
Documents that can be signed
- Legal opinions
- Offer letters
- Public petitions
- Memoranda & internal correspondences
- Non-disclosure Agreements
- Purchase orders
- H.R.
- Procurement
- Employee onboarding
- End–user agreements, etc.
Exemptions
- Transactions on a regulated exchange
- Foreign exchange transactions
- Inter-bank payment systems
- Interbank payment agreements or clearance and settlement systems relating to securities or other financial assets or instruments
- The transfer of security rights in the sale, loan, or holding of an agreement to repurchase securities or other financial assets or instruments held with an intermediary
- Bills of exchange
- Promissory notes
- Consignment notes
- Bills of lading
- Warehouse receipts or any transferable document or instrument entitle the bearer or beneficiary to claim the delivery of goods or the payment of a sum of money
- Communications relating to contracts affecting real estate
- Family law transactions
Summary scope
| Permissible transactions | Exempted transactions |
|---|---|
|
|
- Confirm the signer’s identity and, in situations involving business dealings, verify that the individual is duly authorized to act on behalf of the company in affixing their signature.
- Secure explicit agreement from the individual signing, which may be incorporated in the contract itself or in a separate accord, to signify their intention to use the specified electronic signature for the document in question.
- Safeguard the document to prevent any modifications after the application of the signature.
- Keep an exhaustive log of the signing procedure, recording each step the signer performs.
How does BoldSign help
The following elements of compliance available within BoldSign can be used to comply with San Marino eSignature laws:
- Secure and unique signing link: A secure and unique link to sign a document is sent directly to the signer’s email address. This helps ensure that the document is only accessed by the intended signer and cannot be tampered with.
- Password protection: Senders can specify a password that needs to be entered before viewing and signing a document. This adds a layer of security to the signing process.
- Audit trail: The IP address of the signer, along with timestamps for all significant events in the signing process, is recorded in an audit trail. This provides a record of who signed the document when they signed it, and from where they signed it.
- Digital signature: The final signed document is digitally signed with an AATL-compliant certificate. This ensures that the document cannot be tampered with without invalidating the signature.
- Consent: Signers are asked to confirm their intent to sign electronically and are also informed that they have the option to opt out. This helps ensure that the signer is aware of the implications of signing electronically and that they have given their consent to do so.
- Custom terms: There is an option to get your signers to agree to a custom set of terms. This can be useful for adding additional security or ensuring that the signer understands the terms of the document.
Disclaimer: Information on this page is intended to help businesses understand the legal framework of electronic signatures for this particular country.
However, Syncfusion, its officers, directors, stockholders, affiliates, attorneys, accountants, employees or agents cannot provide legal advice. You should consult your own personal attorney regarding your specific legal questions. Laws and regulations change frequently, and this information may not be current or accurate. To the maximum extent permitted by law, Syncfusion provides this material on an “as-is” basis. Syncfusion disclaims and makes no representation or warranty of any kind with respect to this material, express, implied or statutory, including representations, guarantees or warranties of merchantability, fitness for a particular purpose, or accuracy.’
Syncfusion makes no warranties of any kind, including but not limited to respect to the information or the product, whether express, implied, statutory or otherwise. To the maximum extent permitted by law, Syncfusion disclaims all conditions, representations and warranties, whether express, implied or statutory, with respect to this information without limitation any implied warranty of merchantability, fitness for a particular purpose, accuracy or currentness of this information.
Syncfusion nor their officers, directors, stockholders, employees, affiliates, attorneys, accountants or agents shall be entitled to indemnification, express or implied, contractual or statutory, equitable or otherwise, under this agreement.
1 Law No. 58 of 29 May 2013 on the use of Electronic Communications and E-commerce – https://admin.abc.sm/cms/media/www.anis.sm/law%2058-2013%20e-commerce.pdf
2 Ibid Art 6
3 Ibid Art 3
4 Ibid. Art. 2
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Google Integration, 25 free sends, dashboard, Signature font options, App is very responsive / fast, Emails between sender and signer are good, Audit trail is very helpful, No account needed for signer is great, Mobile experience is good for signer.
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Edgewood Solutions
Switch to BoldSign already! It's intuitive to use and affordable for small businesses. I never have to worry about the status of a document because with BoldSign I know. Plus, they let you program the frequency of reminders signatories receive. I'm so glad to have found it!
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Kaleidoscope
We’re using BoldSign successfully in our b2b SaaS platform - as it’s embedded to allow seasonal farm workers and their agribusiness employers to e-sign their employment onboarding documents for the first time. It’s part of the total solution saving the workers and HR managers 50% more time compared to their traditional pen/paper manual process.
Scott Prince
Croft
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