Loading chat...
MS HB49
Bill
Status
2/1/2011
Primary Sponsor
Bobby Moak
Click for details
AI Summary
-
Creates the Uniform Real Property Electronic Recording Act to allow electronic documents and signatures to satisfy recording requirements for real property in Mississippi.
-
Permits chancery clerks to receive, index, store, and transmit electronic documents while continuing to accept paper documents in the same index.
-
Allows electronic signatures to satisfy signing requirements and permits notarization, acknowledgment, and verification to be completed electronically without requiring physical stamps or seals.
-
Requires the Chancery Clerk's Association to adopt standards for implementing electronic recording that promote uniformity with other states and national standards, including security protections against tampering.
-
Amends Mississippi Code Sections 89-3-1, 89-5-1, and 89-5-3 to conform existing recording requirements to this new electronic recording framework; effective July 1, 2011.
Legislative Description
Uniform laws; enact Uniform Real Property Electronic Recording Act.
Last Action
Died In Committee
2/1/2011