Michigan Laws 565.844 – Establishment of standards by electronic recording commission; powers of county register of deeds; acceptance of paper documents; placement of entries in index; verified transactional relationship; el
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Michigan Laws 565.844
- Commission: means the electronic recording commission created in section 5. See Michigan Laws 565.842
- Electronic: means relating to technology having electrical, digital, magnetic, wireless, optical, electromagnetic, or similar capabilities. See Michigan Laws 565.842
- Person: means an individual, corporation, business trust, estate, trust, partnership, limited liability company, association, joint venture, public corporation, government, or governmental subdivision, agency, or instrumentality, or any other legal or commercial entity. See Michigan Laws 565.842
- Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
- state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories belonging to the United States; and the words "United States" shall be construed to include the district and territories. See Michigan Laws 8.3o
- United States: shall be construed to include the district and territories. See Michigan Laws 8.3o
(1) Except as provided in section 5a, a county register of deeds who implements any of the functions listed in subsection (2) shall do so in compliance with any standards established by the electronic recording commission.
(2) A county register of deeds may do any of the following:
(a) Receive, index, store, archive, and transmit electronic documents.
(b) Provide for access to, and for search and retrieval of, documents and information by electronic means.
(c) Convert paper documents accepted for recording into electronic form.
(d) Convert into electronic form information recorded before the county register of deeds began to record electronic documents.
(e) Accept electronically any fee or tax that the county register of deeds is authorized to collect.
(f) Agree with other officials of a state or a political subdivision of a state, or of the United States, on procedures or processes to facilitate the electronic satisfaction of prior approvals and conditions precedent to recording and the electronic payment of fees or taxes.
(3) A county register of deeds who accepts electronic documents for recording shall continue to accept paper documents for recording as authorized by state law. The county register of deeds shall place entries for both types of documents in the same index.
(4) Except as provided in section 5a, a county register of deeds shall only accept electronic documents for recording from a person with which the county register of deeds has entered into an agreement establishing a verified transactional relationship.
(5) This act does not invalidate electronic documents recorded under this act, the uniform electronic transactions act, 2000 PA 305, MCL 450.831 to 450.849, or the federal electronic signatures in global and national commerce act, 15 USC 7001 to 7031, before the establishment of standards under this act by the electronic recording commission.