Source: http://www.wvlegislature.gov/Bill_Status/bills_text.cfm?billdoc=hb2790%20intr.htm&yr=2011&sesstype=RS&i=2790
Timestamp: 2018-03-21 19:28:17
Document Index: 333840058

Matched Legal Cases: ['§39', '§39', '§39', '§39', '§39', '§39', '§39', '§39', '§39']

HB 2790 Text
Introduced Version House Bill 2790 History
(By Delegates Doyle, Ferro, Frazier and Walters)
A BILL to amend the Code of West Virginia, 1931, as amended, by adding thereto a new article, designated §39A-4-1, §39A-4-2, §39A-4-3, §39A-4-4, §39A-4-5, §39A-4-6 and §39A-4-7, all relating to creating the Uniform Real Property Electronic Recording Act; providing short title; defining certain terms; clarifying validity of electronic documents and electronic signatures; providing for recording of electronic documents; requiring any county clerk implementing the provisions of the Act to comply with established standards; authorizing county clerks to receive, index, store, archive and transmit electronic documents; authorizing county clerks to allow public access, search and retrieval of electronic documents; allowing county clerks to convert paper documents accepted for recording into electronic documents; authorizing county clerks to collect electronically any tax or fee they are authorized by law to collect; authorizing county clerks to agree with other jurisdictions on procedures or processes necessary for electronic recording of documents; authorizing the Governor’s Office of Technology to work with various interest groups to develop the standards necessary to electronically record real property documents; setting forth areas for consideration when adopting or changing standards; providing for uniformity of application and construction of the act; and providing that this act modifies, limits and supersedes certain parts of the federal electronic signatures in Global and National Commerce Act.
This act may be cited as the Uniform Real Property Electronic Recording Act.
(a) The Office of Technology, created in section three, article six, chapter five-a of this code, shall propose rules for legislative approval in accordance with the provisions of article three, chapter twenty-nine-a of this code containing the standards to implement this article. The Office of Technology shall establish a working group to develop the standards required by this article. The working group shall, at a minimum, include representatives of the County Clerks’ Association, the County Commissioners’ Association, members of the West Virginia Bar Association who specialize in title work, mortgage lenders, the Division of Banking or both mortgage lenders and the Division of Banking and any other person or group that may offer pertinent information or assistance in establishing the standards.
NOTE: The purpose of this bill is to adopt the Uniform Real Property Electronic Recording Act. Under the proposed bill, any requirement of state law describing or requiring that a land record document be an original, on paper, or in writing are satisfied by a document in electronic form. In addition, any requirement that the document contain a signature or acknowledgment is satisfied by an electronic signature or acknowledgment. The bill authorizes the clerk to accept electronic documents for recording and to index and store those documents. The act does not provide a means of funding the establishment or operation of an electronic recording system. No single approach is recommended and in fact, the commissioners recognized that the best approach for a state may involve multiple systems. The bill requires the Secretary of State to develop a legislative rule containing standards for electronic recording to be used by each county. The standards are to be developed with a vision toward fostering intra- and interstate harmony and uniformity in the electronic recording process. The SOS or Office of Technology, whichever is chosen to develop the standards required by the rule, will engage in a stakeholder rulemaking process to assure that all of the affected parties have the opportunity to participate in the process.
§39A-4-1 through §39A 4-7 are new; therefore, it has been completely underscored.