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AZ HB2603

Bill

Status

Passed

4/3/2018

Primary Sponsor

Jeff Weninger

Click for details

Origin

House of Representatives

Fifty-third Legislature - Second Regular Session (2018)

AI Summary

  • Amends Arizona Revised Statutes section 10-140 to add a new definition of "writing" or "written" to include blockchain technology as defined in section 44-7061.

  • Amends section 44-7003 to extend Article 5 of the electronic transactions chapter to apply to Title 10 (corporations) and transactions governed by Title 47, chapters 2, 2A and 7.

  • Expands the scope of Arizona's electronic transactions law to recognize blockchain-based records and signatures in corporate and certain commercial transactions.

  • Approved by the Governor on April 3, 2018 and filed with the Secretary of State the same date.

Legislative Description

Corporations; blockchain technology

Trade And Commerce - Title 44

Last Action

Chapter 122

4/3/2018

Full Bill Text

No bill text available