Y2K Failure Law and Legal Definition
According to 15 USCS § 6602 (2) [Title 15. Commerce and Trade; Chapter 92. Year 2000 Computer Date Change], the term “Y2K failure” means “failure by any device or system (including any computer system and any microchip or integrated circuit embedded in another device or product), or any software, firmware, or other set or collection of processing instructions to process, to calculate, to compare, to sequence, to display, to store, to transmit, or to receive year-2000 date-related data, including failures-
(A) to deal with or account for transitions or comparisons from, into, and between the years 1999 and 2000 accurately;
(B) to recognize or accurately to process any specific date in 1999, 2000, or 2001; or
(C) accurately to account for the year 2000's status as a leap year, including recognition and processing of the correct date on February 29, 2000.”
