Short title
Short title. This Act may be cited as the Financial Institutions Electronic Documents and Digital Signature Act. (Source: P.A. 94-458, eff. 8-4-05.)
Illinois · statute · 205 ILCS 705 · 12 active provisions
Short title. This Act may be cited as the Financial Institutions Electronic Documents and Digital Signature Act. (Source: P.A. 94-458, eff. 8-4-05.)
Definitions. As used in this Act: "Digital signature" means an encrypted electronic identifier, created by computer, intended by the party using it to have the same force and effect as the use of a manual signature. "Financial institution" means a bank, a savings and loan association, a savings bank, or a credit union…
Electronic documents; digital signatures; electronic notices. (a) Electronic documents. If in the regular course of business, a financial institution possesses, records, or generates any document, representation, image, substitute check, reproduction, or combination thereof, of any agreement, transaction, act, occurren…
Civil remedy. A cause of action, including attorneys fees and costs, shall lie in favor of any person for the unauthorized use of his or her digital signature. (Source: P.A. 90-575, eff. 3-20-98.)
(Amendatory provisions; text omitted). (Source: P.A. 90-575, eff. 3-20-98; text omitted.)
(Amendatory provisions; text omitted). (Source: P.A. 90-575, eff. 3-20-98; text omitted.)
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(Amendatory provisions; text omitted). (Source: P.A. 90-575, eff. 3-20-98; text omitted.)
(Amendatory provisions; text omitted). (Source: P.A. 90-575, eff. 3-20-98; text omitted.)
Effective date. This Act takes effect upon becoming law. (Source: P.A. 90-575, eff. 3-20-98.)