Missouri 2024 2024 Regular Session

Missouri House Bill HB2604 Comm Sub / Analysis

Filed 02/16/2024

                    HB2604--UNIFORMREALPROPERTYELECTRONICRECORDINGACT
SPONSOR: Reedy
Thisbillestablishesthe"UniformRealPropertyElectronic
RecordingAct",whichallowsfortherecordingofanelectronic
formatdocumentratherthanapaperdocument. Italsoallowsan
electronicsignaturetoqualifyasasufficientsignature. Such
electronicsignaturewillalsosatisfytherequirementfor
notarizeddocumentsifthesignaturealsocomplieswiththe
requirementsoftheremoteonlinenotarialactsunderChapter486,
RSMo.Acountyrecorderofdeedsmayconvertpaperdocumentsinto
electronicformforthepurposesofindexing,storing,archiving,
andmakingsuchformsaccessibletothepublicandmayalsoaccept
feesanddocumentselectronically.
Thisbillcreatesthe"ElectronicRecordingCommission"consisting
ofninemembersappointedbytheGovernorwiththeadviceand
consentoftheSenate,toadoptstandardsandimplementthe
provisionsofthisbill.
TheprovisionsofthisbillsupersedethefederalElectronic
SignaturesinGlobalandNationalCommerceAct,butdonot
supersedeSection101(c)oftheActorauthorizeelectronic
deliveryofanyofthenoticesdescribedinSection103(b)ofthe
Act.ThisbillhasadelayedeffectivedateofJanuary2,2025.
ThisbillissimilartoHB2895(2022).