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Can you summarize MDCM Com. Law, Title 21, Subtitle 1?
Short Summary
This legal document, part of the Code of Maryland, specifically Title 21, SubTitle 1, provides definitions for terms used in commercial transactions conducted electronically. It aims to establish a common understanding of these terms and their application in electronic transactions. The document applies to a wide range of entities involved in electronic transactions, including individuals, corporations, partnerships, and governmental agencies. It governs electronic records and electronic signatures related to transactions, except those specifically exempted. The exemptions include transactions governed by specific laws, court orders, notices, official court documents, and documents required for transportation or handling of hazardous materials, pesticides, or other toxic or dangerous materials. It is important to note that this title applies to an electronic record or electronic signature otherwise excluded if it is governed by a law other than those specified in the exemptions. Furthermore, a transaction subject to this title is also subject to other applicable substantive law. The provisions of this title may not modify, limit, or supersede the provisions of the federal Electronic Signatures in Global and National Commerce Act as it relates to the use of an electronic record to provide or make available information that is required to be provided or made available in writing to a consumer.
Whom does it apply to?
Individuals, corporations, partnerships, governmental agencies
What does it govern?
Transactions conducted electronically, definitions of terms used in electronic transactions
What are exemptions?
Specific laws and regulations governing certain transactions, court orders, notices, official court documents, transportation or handling of hazardous materials, pesticides, or other toxic or dangerous materials
What are the Penalties?
No specific penalties mentioned
Jurisdiction
Maryland