Michigan Compiled Laws
Act 305 of 2000 - Uniform Electronic Transactions Act (450.831 - 450.849)
Section 450.842 - Retention of Record.

Sec. 12.
(1) If a law requires that a record be retained, the requirement is satisfied by retaining an electronic record of the information if the record does both of the following:
(a) Accurately reflects the information set forth in the record after it was first generated in its final form as an electronic record or otherwise.
(b) Remains accessible for later reference.
(2) A requirement to retain a record in accordance with subsection (1) does not apply to any information the sole purpose of which is to enable the record to be sent, communicated, or received.
(3) A person may satisfy subsection (1) by using the services of another person if the requirements of subsection (1) are satisfied.
(4) If a law requires a record to be presented or retained in its original form, or provides consequences if the record is not presented or retained in its original form, that law is satisfied by an electronic record retained in accordance with subsection (1).
(5) If a law requires retention of a check, that requirement is satisfied by retention of an electronic record of the information on the front and back of the check in accordance with subsection (1).
(6) A record retained as an electronic record in accordance with subsection (1) satisfies a law requiring a person to retain a record for evidentiary, audit, or similar purposes, unless a law enacted after the effective date of this act specifically prohibits the use of an electronic record for the specified purpose.
(7) This section does not preclude a governmental agency of this state from specifying additional requirements for the retention of a record subject to the agency's jurisdiction.
History: 2000, Act 305, Imd. Eff. Oct. 16, 2000

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 450 - Corporations

Act 305 of 2000 - Uniform Electronic Transactions Act (450.831 - 450.849)

Section 450.831 - Short Title.

Section 450.832 - Definitions.

Section 450.833 - Applicability of Act to Electronic Records and Signatures; Exception for 2020.

Section 450.834 - Applicability of Act; Commencement.

Section 450.835 - Scope of Act; Terms.

Section 450.835a - Amending, Reaffirming, or Repealing Restrictive Covenant by Electronic Signature.

Section 450.836 - Construction of Act.

Section 450.837 - Record or Signature in Electronic Form; Legal Effect; Enforcement.

Section 450.838 - Agreement to Conduct Transaction by Electronic Means; Satisfaction of Legal Requirement.

Section 450.839 - Attribution of Electronic Record or Signature.

Section 450.840 - Change or Error in Transmission of Electronic Record.

Section 450.841 - Signature Notarized, Acknowledged, Verified, or Made Under Oath; Satisfaction of Requirement.

Section 450.842 - Retention of Record.

Section 450.843 - Evidence of Record or Signature in Criminal or Civil Proceeding.

Section 450.844 - Automated Transaction; Applicable Rules.

Section 450.845 - Electronic Record Considered Sent or Received.

Section 450.846 - Transferable Record.

Section 450.848 - Use of Electronic Records and Signatures by Governmental Agency; Determination by Department of Technology, Management, and Budget.

Section 450.848a - Strict Compliance Exception for 2020 to 2021; Applicability to Transactions Under Uniform Commercial Code.

Section 450.849 - Standards Adopted by Other Governmental Agencies.