What is a Provision? Definition: A provision is an amount set aside for the probable, but uncertain, economic obligations of an enterprise. A provision is an amount that you put in aside in your accounts to cover a future liability.
They are all controlled by the Federal government. Under the constitution of the United States the individual states are allowed to make their own laws regardless of what the other states do, as long as it doesn't deviate from federal laws which are laws that govern all the people of the United States. <br /> This brings up the idea of federalism.
The federal law generally preempts state laws on electronic signatures that are inconsistent with it. It allows states to adopt the Uniform Electronic Transactions Act (UETA) as approved by the National Conference of Commissioners of Uniform State Laws (NCCUSL) in place of the federal law.THER STATES. Other state laws vary. Some state laws validate any type of electronic signature, others require some form of security, and others only validate digital signatures (a type of signature that uses encryption). These laws vary with respect to the types of transactions that are covered.