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Compliance: What should CUs know about ESIGN?

Compliance: What should CUs know about ESIGN?

The Electronic Signatures in Global and National Commerce Act of 2000 (ESIGN) grants electronic signatures the same legal validity and enforceability as paper records and handwritten signatures. For credit unions, this also means information required to be made available can be delivered electronically, as long as the credit union complies with ESIGN’s requirements.

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