An Act relative to the Massachusetts Uniform Commercial Code
This bill updates the Massachusetts Uniform Commercial Code to modernize definitions and rules for electronic transactions and digital records. It directly affects businesses and individuals by clarifying how terms must be presented, how electronic documents are transferred, and what constitutes a valid digital signature. Key changes include removing specific formatting requirements for conspicuous terms, redefining "delivery" and "sign" to include electronic methods, and expanding the definition of "money" to cover certain digital currencies while excluding older electronic systems. The legislation also adjusts how records are considered "sent" and updates the scope of the sales of goods article to better address hybrid transactions involving both goods and services.
Bill status
passed
3 of 4 stages cleared
Introduction
Feb 2023
Committee Review
Apr 2024
Senate Passage
Feb 2023
Governor
Introduced Feb 16, 2023
Last action Apr 11, 2024
Floor votes
How they voted
This bill passed the Senate. No roll call record of that vote is available.
Full legislative history
Actions timeline
Total actions
7
Key actions
3
Committee
3
Apr 11, 2024
Lower · Passed
Committee reported that the matter be placed in the Orders of the Day for the next sitting
lower
Apr 3, 2024
Lower · Passed
Bill reported favorably by committee and referred to the committee on House Steering, Policy and Scheduling
lower
Feb 16, 2023
Upper · Passed
Senate concurred
upper
Feb 16, 2023
Committee
Referred to the committee on Financial Services
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Alice Peisch
DDemocratic
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