For purposes of this chapter: 1. A record of signature may not be denied legal effect or enforceability solely because it is in electronic form; 2. A contract may not be denied legal effect or enforceability solely because an electronic record was used in its formation; 3. If a provision requires a record to be in writing, an electronic record satisfies the requirement; 4. If a provision requires a signature, an electronic signature satisfies the requirement; and 5. The provisions of this chapter relating to electronic records and electronic transactions do not limit or supersede chapter 9-16.
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