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IN HB1524
Bill
Status
1/18/2017
Primary Sponsor
Kathy Richardson
Click for details
AI Summary
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Enacts the Uniform Real Property Electronic Recording Act, allowing electronic documents related to real property title to be recorded in place of paper documents in Indiana.
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Permits electronic signatures to satisfy signature requirements for recording, and allows notarization, acknowledgment, and verification requirements to be satisfied through electronic signatures without requiring physical stamps or seals.
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Authorizes county recorders to receive, index, store, and transmit electronic documents; convert paper documents to electronic format; and provide electronic access and search capabilities, while continuing to accept paper documents.
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Establishes a five-member Electronic Recording Commission appointed by the governor, consisting of three county recorders and two members with information technology expertise, to adopt standards and rules implementing the statute.
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Takes effect July 1, 2017, and modifies the federal Electronic Signatures in Global and National Commerce Act except for provisions related to certain notices and delivery requirements.
Legislative Description
Uniform real property electronic recording act. Enacts the Uniform Real Property Electronic Recording Act, which provides for the recording of electronic documents related to title to real property. Establishes the electronic recording commission to adopt standards to implement the statute.
Last Action
First reading: referred to Committee on Judiciary
1/18/2017