E-SIGN ACT AND COMMERCIAL ACCOUNTS Q Should the bank be mattered about compliance with the E-Sign Act as it applies to commercial accounts? A.

E-SIGN ACT AND COMMERCIAL ACCOUNTS

Q Should the bank be mattered about compliance with the E-Sign Act as it applies to commercial accounts?

A. Ye The following citation may be helpful in Clarifying the E-Sign Act. ABA Bank Compliance magazine, September/October 2000 in the article by the agency of attorneys L.A. Bernstein and GL Kaplin, states: "E-Signature Act Definitions...Finally, the denomination "transaction" means any actions relating to the guidance of business, consumer, or commercial affairs between sum of two units or more persons including sales and leasing of personal goods and real property. As you might