Expand Ability Conduct Business Electronically

The act facilitates business entities' ability to conduct business activities electronically by:

• Defining terms, including address, delivery, document, e-mail, electronic transmission, notice, and sign, that relate to electronic communications;
• Specifying how notice may be given by electronic transmission; and
• Establishing requirements for remote participation in shareholders' and directors' meetings.
  (Note: This summary applies to this bill as enacted.)