Documente Academic
Documente Profesional
Documente Cultură
CONCEPT OF E-NOTARIZATION
The
CONCEPT OF E-NOTARIZATION
CONCEPT OF E-NOTARIZATION
CONCEPT OF E-NOTARIZATION
CONCEPT OF E-NOTARIZATION
TheNational Association of
Secretaries of State(NASS):
CONCEPT OF E-NOTARIZATION
CONCEPT OF E-NOTARIZATION
Uniform Electronic Transactions Act of
1999
-the first comprehensive effort to organize
state law for the electronic commerce
era.
-It applies only to transactions in which the
parties have agreed by some means to
conduct their transactions by electronic
means
-govern the e-notary and a paper-based or
ink-based notary. They are subject to the
CONCEPT OF E-NOTARIZATION
CONCEPT OF E-NOTARIZATION
CONCEPT OF E-NOTARIZATION
FEATURES OF NOTARIZATION IN
THE PHILIPPINES
A Notary Public
-A notary public and notary refers to any
person commissioned to perform official
acts under the Notarial Rules.
FEATURES OF NOTARIZATION IN
THE PHILIPPINES
Notarial Acts
acknowledgments;
oaths and affirmations;
jurats;
signature witnessings;
copy certifications; and
any other act authorized by these Rules.
FEATURES OF NOTARIZATION IN
THE PHILIPPINES
Jurisdiction
-As a general rule, a notary public shall not
perform a notarial act outside his regular
place of work or business. Only in certain
exceptional circumstances may a notary
public perform a notarial act outside the
general rule. This is done at the request
of the parties in the sites which must still
be within his territorial jurisdiction
FEATURES OF NOTARIZATION IN
THE PHILIPPINES
When is a notary public not allowed to
perform notarial acts?
A notary public is prohibited from performing a
notarial act when the person involved as a
signatory to the instrument or document is not
personally present during the notarization and is
not personally known to him or otherwise
identified by the notary public through
competent evidence.
Statutory Construction of
Electronic Documents
Digital Signature
An electronic document refers to information or
the representation of information, data, figures,
symbols or other models of written expression,
described or however represented, by which a
right is established or an obligation extinguished,
or by which a fact may be proved and affirmed,
which is received, recorded, transmitted, stored,
processed, retrieved or produced electronically. It
includes digitally signed documents and any
printout, readable by sight or other means which
accurately reflects the electronic data message or
electronic document.
Advantages
Convenient
Fast
Legally Binding
Paper Less
Less Time consuming
Accessible
Disadvantages
CONCLUSION/RECOMMENDATIO
N