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ESGNCA
(redirected from Electronic Signatures in Global and National Commerce Act)

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AcronymDefinition
ESGNCAElectronic Signatures in Global and National Commerce Act (USA)


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The Electronic Signatures in Global and National Commerce Act (ESIGN), which was intended to facilitate electronic commerce, removes legal barriers to recognizing electronically authenticated (or signed) transactions as valid.
Last June, President Clinton signed into law the Electronic Signatures in Global and National Commerce Act, which puts electronic signatures of contracts and other legal documents on the same footing as "wet ink" signatures.
Digital Signatures -- On June 30,2000, President Bill Clinton used both a traditional ink signature and a digital signature to sign into law the Electronic Signatures in Global and National Commerce Act.
 
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