LD 2557
pg. 7
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LR 3953
Item 1

 
prevention or correction of the error and, at the time the
individual learns of the error, the individual:

 
A.__Promptly notifies the other person of the error and that
the individual did not intend to be bound by the electronic
record received by the other person;

 
B.__Takes reasonable steps, including steps that conform to
the other person's reasonable instructions, to return to the
other person or, if instructed by the other person, to
destroy the consideration received, if any, as a result of
the erroneous electronic record; and

 
C.__Has not used or received any benefit or value from the
consideration, if any, received from the other person.

 
3.__Other law.__If neither subsection 1 nor subsection 2 is
applicable, the change or error has the effect provided by other
law, including the law governing mistake, and the parties'
contract, if any.

 
4.__Variance by agreement.__Subsections 2 and 3 may not be
varied by agreement.

 
§9411.__Notarization and acknowledgment

 
If a law requires a signature or record to be notarized,
acknowledged, verified or made under oath, the requirement is
satisfied if the electronic signature of the person authorized to
perform those acts, together with all other information required
to be included by other applicable law, is attached to or
logically associated with the signature or record.

 
§9412.__Retention of electronic records; originals

 
1.__Requirement.__If a law requires that a record be retained,
the requirement is satisfied by retaining an electronic record of
the information in the record that:

 
A.__Accurately reflects the information set forth in the
record after it was first generated in its final form as an
electronic record or otherwise; and

 
B.__Remains accessible for later reference.

 
2.__Transmission information.__A requirement to retain a
record in accordance with subsection 1 does not apply to any
information whose sole purpose is to enable the record to be
sent, communicated or received.


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