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Financial Services Law Insights and Observations

Michigan extends Executive Order regarding remote transactions

State Issues Covid-19 Michigan Transactions ESIGN Fintech Notary

State Issues

On June 24, the Michigan governor announced Executive Order 2020-131, which extends a previous order that temporarily allowed e-signatures on official documents and remote notarizations (previously discussed here).  Any notarial act may be performed by a notary that holds a valid notarial commission in Michigan using two-way real-time audiovisual technology if certain conditions are met. The order sets forth additional requirements for remote notarizations and continues through July 31, 2020 at 11:59 p.m.