12 C.F.R. § 609.925 Definitions.
Title 12 - Banks and Banking
We provide the following definitions that apply to the Act and its implementing regulations: (a) Electronic means relating to technology having electrical, digital, magnetic, wireless, optical, electromagnetic, or similar capabilities. (b) Electronic communication means a message that can be transmitted electronically and displayed on equipment as visual text. An example is a message displayed on a personal computer monitor screen. This does not include audio- and voice-response telephone systems. (c) Electronic business (E-business) or electronic commerce (E-commerce) means buying, selling, producing, or working in an electronic medium. (d) Electronic mail (E-mail) means: (1) To send or submit information electronically; or (2) A communication received electronically. (e) Electronic signature means an electronic sound, symbol, or process, attached to or logically associated with a contract or other record and executed or adopted by a person with the intent to sign the record. Electronic signature describes a category of electronic processes that can be substituted for a handwritten signature.
Title 12: Banks and Banking
PART 609—ELECTRONIC COMMERCE
Subpart B—Interpretations and Definitions
§ 609.925 Definitions.
