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Does a legal document that is scanned & saved in the cloud have status as an original - legally speaking?

David Casebere's Profile

I have a CPA firm and an insurance company as clients. Both would like to eliminate the paper copies of original legal documents.

Answers

Peter Lyons, MBA, CMA
Title: Finance and Technology Enthusiast
Company: Currently Looking
(Finance and Technology Enthusiast, Currently Looking) |

Good afternoon David,

The answer to your question in short is "no". It depends on the natue of the instrument, industry, and regulating authority.

I would consult your outside counsel for specifics on whether or not the instruments your clients are dealing with can be digitized or if they need to retain the original document.

Regards,
Pete

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