Message-ID: <13014395.1075860223753.JavaMail.evans@thyme>
Date: Wed, 28 Jun 2000 14:53:00 -0700 (PDT)
From: cromwell@sullcrom.com
To: mark.taylor@enron.com
Subject: S&C Memo Re: Electronic Signatures in Global and National Commerce
 Act
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: SULLIVAN&CROMWELL@sullcrom.com
X-To: Mark.Taylor@enron.com
X-cc: 
X-bcc: 
X-Folder: \Mark_Taylor_Jun2001\Notes Folders\Archive\6_00
X-Origin: Taylor-M
X-FileName: mtaylor.nsf

Re:  Electronic Signatures in Global and National Commerce Act

                     Attached is a memorandum from Sullivan & Cromwell
concerning the above subject. A summary is also included at the end
of the text of this e-mail message.

                    The attached file is in Adobe Acrobat
format.  We believe most PCs will already have an Acrobat viewer
loaded; we can provide free copies if Acrobat is not already loaded,
and free copies can also be downloaded from the Adobe Acrobat web
site at www.adobe.com.  To view or print the memo use your e-mail
system's function for opening attachments in their native format.
Hard copies can be obtained from Ivy Moreno at S&C in New York,
telephone 212-558-3448, e-mail: Morenoi@sullcrom.com.


SUMMARY

                     Congress has enacted landmark legislation that for the 
first time will
establish national standards governing the validity of electronic signatures, 
contracts and records.
The "Electronic Signatures in Global and National Commerce Act" is expected 
to be signed into
law by President Clinton this week or next.  Many provisions of the Act 
relating to the validity of
electronic signatures will become effective on October 1, 2000.  Other 
significant provisions relating
to the maintenance and retention of records will become effective March 1, 
2001.

----------------------------------

This e-mail is sent by a law firm and contains information
that may be privileged and confidential. If you are not the
intended recipient, please delete the e-mail and notify us
immediately.

 - CMS10990.pdf