Subd. 1. Definitions.

1. (a) For purposes of this section, the words, terms, and phrases defined in this subdivision have the meanings given them.
2. (b) "Electronic" means relating to technology having electrical, digital, magnetic, wireless, optical, electromagnetic, or similar capabilities.
3. (c) "Electronic record" means a record created, generated, sent, communicated, received, or stored by electronic means.
4. (d) "Electronic signature" means an electronic sound, symbol, or process attached to or logically associated with a record and executed or adopted by a person with the intent to sign the record.
5. (e) "Record" means information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in perceivable form.

Subd. 2. Electronic records and signatures.

For purposes of this chapter:

1. (1) a record or signature may not be denied legal effect or enforceability solely because it is in electronic form;
2. (2) a contract may not be denied legal effect or enforceability solely because an electronic record was used in its formation;
3. (3) if a provision requires a record to be in writing, an electronic record satisfies the requirement; and
4. (4) if a provision requires a signature, an electronic signature satisfies the requirement.