The Electronic Signatures in Global and National Commerce Act (ESIGN, Pub.L. 106–229, 114 Stat. 464, enacted June 30, 2000, 15 U.S.C. ch. 96) is a United States federal law passed by the U.S. Congress to facilitate the use of electronic records and electronic signatures in interstate and foreign commerce by ensuring the validity and legal effect of contracts entered into electronically.
The US Federal ESIGN Act defines an "electronic signature" as an electronic sound, symbol, or process, attached to or logically associated with a contract or other record and executed or adopted by a person with the intent to sign the record.
Although every state has at least one law pertaining to electronic signatures, it is the federal law that lays out the guidelines for interstate commerce. The general intent of the ESIGN Act is spelled out in the very first section(101.a), that a contract or signature "may not be denied legal effect, validity, or enforceability solely because it is in electronic form". This simple statement provides that electronic signatures and records are just as good as their paper equivalents, and therefore subject to the same legal scrutiny of authenticity that applies to paper documents.
For each document, Signeato automatically generates and stores a time-stamped history of every send, view or sign action. This information is captured in the Signeato Certificate of Completion that is generated for every Signeato transaction. Any party to the transaction who wants to review the activity associated with a document can view, download or print the Certificate of Completion for that document.
As a result, Signeato electronic signatures have never been successfully repudiated or challenged in any court, worldwide. Signeato stands behind our customers in the event of a legal challenge to one of our electronic signatures.
Signeato offers industry-leading, bleeding-edge system and process security to safeguard your documents, signatures, and transactional data. This provides additional legal assurances to the authentication and audit trail created during a transaction.