59-19 Application and Electronic Records and Signatures
Loading PDF...
legal effect, validity, or enforceability of electronic records or electronic signatures, and of
contracts formed or performed with the use of such records or signatures, conform to the
requirements of section 102 of the Electronic Signatures in Global and National Commerce Act
[15 U.S.C. 7002] and supersede, modify, and limit the requirements of the Electronic Signatures
in Global and National Commerce Act.59-19-02. (1106) Application to existing relationships.1.Except as otherwise provided in chapters 59-09, 59-10, 59-11, 59-12, 59-13, 59-14,
59-15, 59-16, 59-17, 59-18, and 59-19, effective August 1, 2007, these chapters:a.Apply to all trusts created after July 31, 2007; andb.Apply to all judicial proceedings concerning trusts which are commenced after
July 31, 2007.2.Except as otherwise provided in chapters 59-09, 59-10, 59-11, 59-12, 59-13, 59-14,
59-15, 59-16, 59-17, 59-18, and 59-19, from August 1, 2007, through July 31, 2009:a.A trust created before August 1, 2007, may elect to be subject to chapters
59-09, 59-10, 59-11, 59-12, 59-13, 59-14, 59-15, 59-16, 59-17, 59-18, and
59-19; however, that trust must be in compliance with those chapters by
August 1, 2009;b.Any rule of construction or presumption provided in chapters 59-09, 59-10,
59-11, 59-12, 59-13, 59-14, 59-15, 59-16, 59-17, 59-18, and 59-19 applies to
trust instruments executed before August 1, 2009, unless there is a clear
indication of a contrary intent in the terms of the trust;c.Chapters 59-09, 59-10, 59-11, 59-12, 59-13, 59-14, 59-15, 59-16, 59-17, 59-18,
and 59-19 do not apply to judicial proceedings concerning trusts which are
commenced before that date unless the court finds that application of a
particular provision of these chapters would not substantially interfere with the
effective conduct of the judicial proceedings or prejudice the rights of the
parties, in which case the particular provision of these chapters applies and the
superseded law does not apply; andd.An act done before August 1, 2009, is not affected by chapters 59-09, 59-10,
59-11, 59-12, 59-13, 59-14, 59-15, 59-16, 59-17, 59-18, and 59-19.3.If a right is acquired, extinguished, or barred upon the expiration of a prescribed
period that has commenced to run under any other statute before August 1, 2007,
for those trusts that are subject to subsection 1, or before August 1, 2009, for those
trusts that are subject to subsection 2, that statute continues to apply to the right
even if it has been repealed or superseded.Page No. 1Document Outlinechapter 59-19 application and electronic records and signatures