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MS HB314
Bill
Status
2/2/2010
Primary Sponsor
Bobby Moak
Click for details
AI Summary
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Creates the Uniform Real Property Electronic Recording Act to allow electronic documents and signatures for real property recording in Mississippi's land records.
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Authorizes chancery clerks to receive, index, store, archive, and transmit electronic documents while continuing to accept paper documents in the same index.
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Establishes that electronic documents satisfy legal requirements for originality, paper medium, writing, and signatures; allows electronic signatures to satisfy notarization, acknowledgment, and verification requirements.
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Requires the Chancery Clerk's Association to adopt standards for electronic recording that align with other jurisdictions and national standards set by organizations like the Property Records Industry Association.
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Amends Mississippi Code sections 89-3-1, 89-5-1, and 89-5-3 to make the electronic recording provisions exceptions to existing acknowledgment and proof requirements; effective July 1, 2010.
Legislative Description
Uniform laws; create uniform real property electronic recording act.
Last Action
Died In Committee
2/2/2010