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The Uniform Transfers To Minors Act (UTMA) is a uniform act drafted and recommended by the National Conference of Commissioners on Uniform State Laws in 1986, and subsequently enacted by all U.S. States, which provides a mechanism under which gifts can be made to a minor without requiring the presence of an appointed guardian for the minor, and which satisfies the Internal Revenue Service ...
Uniform Transfer of Litigation Act: 1991 Uniform Transfers to Minors Act: 1983, 1986 Uniform Transfers Under Nontestamentary Instruments Act: 1978 Uniform Trust Code: 2000 Uniform Trustees’ Powers Act: 1964 Uniform Unclaimed Property Act: 1995 Uniform Unincorporated Nonprofit Association Act: 1992, 1996 Uniform Victims of Crime Act: 1992
The Uniform Gifts to Minors Act (UGMA) is an act in some states of the United States that allows assets such as securities, where the donor has given up all possession and control, to be held in the custodian's name for the benefit of the minor without an attorney needing to set up a special trust fund. This allows a minor in the United States ...
The Uniform Law Commission (ULC), also called the National Conference of Commissioners on Uniform State Laws, [3] is a non-profit, American unincorporated association. . Established in 1892, the ULC aims to provide U.S. states (plus the District of Columbia, Puerto Rico, and the U.S. Virgin Islands) with well-researched and drafted model acts to bring clarity and stability to critical areas of ...
In the United States, a uniform act is a proposed state law drafted and approved by the Uniform Law Commission (ULC), also known as the National Conference of Commissioners on Uniform State Laws (NCCUSL). [1] Federalism in the United States traditionally limits the legislative authority of the federal government in favor of the states.
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There were three versions of the Uniform Anatomical Gift Act that were enacted; the first was the UAGA of 1968, which was followed up with revisions in 1987. The most recent version was created in 2006. [3] The Uniform Anatomical Gift Act has been established in some form, in every state and the District of Columbia (D.C.), as of 2017. [7] [4]
The Uniform Adoption Act (1994) is a model law (uniform act) proposed by the U.S. Uniform Law Commission. It attempts to "be a comprehensive and uniform state adoption code that: is consistent with relevant federal constitutional and statutory law; delineates the legal requirements and consequences of different kinds of adoption