{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/59.1-553.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/59.1-553.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/59.1-553.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/59.1-553.html"}],"law_id":75096,"edition_id":1,"section_id":75096,"structure_id":15846,"section_number":"59.1-553","catch_line":"Commercially reasonable security procedures for electronic fund transfers","history":"2015, cc. 482, 483; 2020, c. 736.","full_text":"Use of an identity credential or identity attribute shall satisfy any requirement for a commercially reasonable security or attribution procedure in Title 8.4A, the Uniform Electronic Transactions Act (\u00a7 59.1-479 et seq.), and the Uniform Computer Information Transactions Act (\u00a7 59.1-501.1 et seq.), provided that the identity credential or identity attribute was issued or assigned in accordance with (i) the Commonwealth&#8217;s identity management standards in place at the time of issuance or assignment, (ii) the terms of any contractual agreement, and (iii) any written rules and policies of the identity trust framework or federation of which the issuer is a member.","order_by":null,"text":{"0":{"id":269740,"text":"Use of an identity credential or identity attribute shall satisfy any requirement for a commercially reasonable security or attribution procedure in Title 8.4A, the Uniform Electronic Transactions Act (\u00a7 59.1-479 et seq.), and the Uniform Computer Information Transactions Act (\u00a7 59.1-501.1 et seq.), provided that the identity credential or identity attribute was issued or assigned in accordance with (i) the Commonwealth&#8217;s identity management standards in place at the time of issuance or assignment, (ii) the terms of any contractual agreement, and (iii) any written rules and policies of the identity trust framework or federation of which the issuer is a member.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":15846,"edition_id":1,"name":"Electronic Identity Management Act","identifier":"50","label":"chapter","depth":2,"order_by":1,"parent_id":12809,"metadata":{},"date_created":"2026-06-26 04:00:29","date_modified":"2026-06-26 04:00:29","permalink":{"id":262637,"object_type":"structure","relational_id":15846,"identifier":"50","token":"59.1\/50","url":"\/59.1\/50\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12809,"edition_id":1,"name":"Trade and Commerce","identifier":"59.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:54","date_modified":"2026-06-26 03:43:54","permalink":{"id":259521,"object_type":"structure","relational_id":12809,"identifier":"59.1","token":"59.1","url":"\/59.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":80291,"structure_id":15846,"section_number":"59.1-550","catch_line":"Definitions","url":"\/59.1-550\/","token":"59.1\/50\/59.1-550","metadata":false},{"id":86192,"structure_id":15846,"section_number":"59.1-551","catch_line":"Trustmark; warranty","url":"\/59.1-551\/","token":"59.1\/50\/59.1-551","metadata":false},{"id":64751,"structure_id":15846,"section_number":"59.1-552","catch_line":"Establishment of liability; limitation of liability","url":"\/59.1-552\/","token":"59.1\/50\/59.1-552","metadata":false},{"id":75096,"structure_id":15846,"section_number":"59.1-553","catch_line":"Commercially reasonable security procedures for electronic fund transfers","url":"\/59.1-553\/","token":"59.1\/50\/59.1-553","metadata":false},{"id":61185,"structure_id":15846,"section_number":"59.1-554","catch_line":"Applicability of chapter","url":"\/59.1-554\/","token":"59.1\/50\/59.1-554","metadata":false},{"id":69724,"structure_id":15846,"section_number":"59.1-555","catch_line":"Sovereign immunity","url":"\/59.1-555\/","token":"59.1\/50\/59.1-555","metadata":false}],"previous_section":{"id":64751,"structure_id":15846,"section_number":"59.1-552","catch_line":"Establishment of liability; limitation of liability","url":"\/59.1-552\/","token":"59.1\/50\/59.1-552","metadata":false},"next_section":{"id":61185,"structure_id":15846,"section_number":"59.1-554","catch_line":"Applicability of chapter","url":"\/59.1-554\/","token":"59.1\/50\/59.1-554","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/59.1-553\/","history_text":"<p>This law was first created in 2015. The record of its establishment is cataloged in chapters <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?151+ful+CHAP0482\">482<\/a> and <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?151+ful+CHAP0483\">483<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. It has been modified 1 time. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. That modification is as follows: in 2020, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?201+ful+CHAP0736\">736<\/a>.<\/p>","references":false,"refers_to":[{"id":60668,"section_number":"59.1-479","catch_line":"Title","order_by":null,"url":"\/59.1-479\/"},{"id":87403,"section_number":"59.1-501.1","catch_line":"Title","order_by":null,"url":"\/59.1-501.1\/"}],"permalink":{"id":262651,"object_type":"law","relational_id":75096,"identifier":"59.1-553","token":"59.1\/50\/59.1-553","url":"\/59.1-553\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/59.1-553\/","token":"59.1\/50\/59.1-553","dublin_core":{"Title":"Commercially reasonable security procedures for electronic fund transfers","Type":"Text","Format":"text\/html","Identifier":"\u00a7 59.1-553","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>Use of an <span class=\"dictionary\">identity credential<\/span> or <span class=\"dictionary\">identity attribute<\/span> shall satisfy any requirement for a commercially reasonable security or attribution procedure in Title 8.4A, the Uniform Electronic Transactions Act (\u00a7&nbsp;<a class=\"law\" title=\"Title\" href=\"\/59.1-479\/\">59.1-479<\/a> et seq.), and the Uniform Computer Information Transactions Act (\u00a7&nbsp;<a class=\"law\" title=\"Title\" href=\"\/59.1-501.1\/\">59.1-501.1<\/a> et seq.), provided that the <span class=\"dictionary\">identity credential<\/span> or <span class=\"dictionary\">identity attribute<\/span> was issued or assigned in accordance with (i) the Commonwealth&#8217;s identity management standards in place at the time of issuance or assignment, (ii) the terms of any contractual agreement, and (iii) any written rules and policies of the <span class=\"dictionary\">identity trust framework<\/span> or <span class=\"dictionary\">federation<\/span> of which the issuer is a member.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nCOMMERCIALLY REASONABLE SECURITY PROCEDURES FOR ELECTRONIC FUND TRANSFERS (\u00a7\n59.1-553)\n\nUse of an identity credential or identity attribute shall satisfy any\nrequirement for a commercially reasonable security or attribution procedure in\nTitle 8.4A, the Uniform Electronic Transactions Act (\u00a7 59.1-479 et seq.), and\nthe Uniform Computer Information Transactions Act (\u00a7 59.1-501.1 et seq.),\nprovided that the identity credential or identity attribute was issued or\nassigned in accordance with (i) the Commonwealth&#8217;s identity management\nstandards in place at the time of issuance or assignment, (ii) the terms of any\ncontractual agreement, and (iii) any written rules and policies of the identity\ntrust framework or federation of which the issuer is a member.\n\nHISTORY: 2015, cc. 482, 483; 2020, c. 736.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}