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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>75096</law_id><section_number>59.1-553</section_number><catch_line>Commercially reasonable security procedures for electronic fund transfers</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><structure><unit label="title" level="1" order_by="1" identifier="59.1">Trade and Commerce</unit><unit label="chapter" level="2" order_by="1" identifier="50">Electronic Identity Management Act</unit></structure><text>
						<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 (&#xA7;&#xA0;<a class="law" title="Title" href="/59.1-479/">59.1-479</a> et seq.), and the Uniform Computer Information Transactions Act (&#xA7;&#xA0;<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&#x2019;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></text><history>2015, cc. 482, 483; 2020, c. 736.</history><metadata></metadata></law>
