Document Management in CLM. Read about document management in CLM. Users with access to a document can perform actions to manage the document. After a document gets uploaded to CLM, users with access to the document can manage the document.
(B) A contract may not be denied legal effect or enforceability solely because an electronic record was used in its formation. (C) If a law requires a record to be in writing, an electronic record satisfies the law. (D) If a law requires a signature, an electronic signature satisfies the law.
Are 's electronic signatures legally binding? eSignatures are valid and legally binding across the globe and in use in 188 countries around the world.
Electronic signatures are legally recognized in the United States and are provided for in the Electronic Signatures in Global and National Commerce Act (“ESIGN”) and state and territory versions of the Uniform Electronic Transactions Act (“UETA”).
Section 1306.06 | Electronic record or signature satisfies legal requirements. (A) A record or signature may not be denied legal effect or enforceability solely because it is in electronic form.
In other words, e-signatures are completely legal and binding. They can hold up in court.
Only the sender is able to void the document and only if not everyone in the signature process has completed their action. Therefore, it is probably best to contact the sender via email or call and ask them to void the envelope for you.
Contracts in eSignature are stored indefinitely, unless the account has document retention set up, which will purge the envelope documents after a specified period of time.