For purposes of this chapter:
1. A record or signature may not be denied legal effect or enforceability solely because it is in electronic form;
2. A contract may not be denied legal effect or enforceability solely because an electronic record was used in its formation;
3. If a provision requires a record to be in writing, then an electronic record satisfies the requirement;
4. If a provision requires a signature, then an electronic signature satisfies the requirement; and 5. The provisions of this chapter relating to electronic records and electronic transactions do not limit or supersede any provision of chapter 9-16.