Virginia House Passes UCITA
UCITA
5/2/2000; 10:27:24 PM Feb 15, 2000: My jaw drops... not so much at the passage but at the unanimous passage.
"E-commerce is a burgeoning business, but there really aren't rules and regulations that stipulate how you'll do business," May said in an interview shortly after the House of Delegates vote. "Primarily the objective was to establish an even-handed treatment of buyer and seller so neither side has the advantage." Bull. If that was the primary objective of the bill, then maybe it might have actually protected the buyer in some significant way, rather then the seller, seller, seller at all costs as the bill is currently set up.