×

System and method for preparing, executing, and securely managing electronic documents

  • US 7,051,364 B1
  • Filed: 09/09/1999
  • Issued: 05/23/2006
  • Est. Priority Date: 09/09/1999
  • Status: Expired due to Term
First Claim
Patent Images

1. A system for enabling the preparation, execution and secure management of an electronic chattel paper agreement comprising:

  • a server processing unit and a server memory device electrically coupled to the server processing unit;

    a client processing unit and a client memory device electrically coupled to the client processing unit;

    a server program module, stored in the server memory device, for providing instructions to the server processing unit;

    a client program module, stored in the client memory device, for providing instructions to the client processing unit, anda communication medium, communicatively coupling the server processing unit and the client processing unit;

    the client processing unit, responsive to the instruction of the client program module and the server processing unit, responsive to the instructions of the server program module, being operative to;

    authorize access to the system;

    generate at least one unexecuted electronic chattel paper document;

    prevent the creation of fraudulent versions of the electronic chattel paper document;

    associate signatures electrically input by parties to a chattel paper transaction with the electronic chattel paper document thereby generating an electronic chattel paper agreement; and

    maintain an authoritative copy of the electronic chattel paper document in the server memory device of the server processing unit.

View all claims
  • 25 Assignments
Timeline View
Assignment View
    ×
    ×