Page:United States Statutes at Large Volume 114 Part 1.djvu/511

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PUBLIC LAW 106-229-JUNE 30, 2000 114 STAT. 475 (g) UCC REFERENCES. —For purposes of this subsection, all references to the Uniform Commercial Code are to the Uniform Commercial Code as in effect in the jurisdiction the law of which governs the transferable record. SEC. 202. EFFECTIVE DATE. 15 USC 7021 This title shall be effective 90 days after the date of enactment of this Act. TITLE III—PROMOTION OF INTER- NATIONAL ELECTRONIC COMMERCE SEC. 301. PRINCIPLES GOVERNING THE USE OF ELECTRONIC SIGNA- 15 USC 7031. TURES IN INTERNATIONAL TRANSACTIONS. (a) PROMOTION OF ELECTRONIC SIGNATURES.— (1) REQUIRED ACTIONS.— The Secretary of Commerce shall promote the acceptance and use, on an international basis, of electronic signatures in accordance with the principles specified in paragraph (2) and in a manner consistent with section 101 of this Act. The Secretary of Commerce shall take all actions necessary in a manner consistent with such principles to eliminate or reduce, to the maximum extent possible, the impediments to commerce in electronic signatures, for the purpose of facilitating the development of interstate and foreign commerce. (2) PRINCIPLES. — The principles specified in this paragraph are the following: (A) Remove paper-based obstacles to electronic transactions by adopting relevant principles from the Model Law on Electronic Commerce adopted in 1996 by the United Nations Commission on International Trade Law. (B) Permit parties to a transaction to determine the appropriate authentication technologies and implementation models for their transactions, with assursince that those technologies and implementation models will be recognized and enforced. (C) Permit parties to a transaction to have the opportunity to prove in court or other proceedings that their authentication approaches amd their transactions are valid. (D) Take a nondiscriminatory approach to electronic signatures and authentication methods from other jurisdictions. (b) CONSULTATION.— In conducting the activities required by this section, the Secretary shall consult with users and providers of electronic signature products and services and other interested persons. (c) DEFINITIONS. — As used in this section, the terms "electronic record" and "electronic signature" have the same meanings provided in section 106 of this Act.