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United States trust law is the body of law that regulates the legal instrument for holding wealth known as a trust.. Most of the law regulating the creation and administration of trusts in the United States is now statutory at the state level.
The Uniform Trust Code is a model law in the United States created by the Uniform Law ... the Uniform Prudent Investor Act of 1994, the Uniform Trustee and Powers Act ...
The Hague Convention on the Law Applicable to Trusts and on their Recognition, or Hague Trust Convention is a multilateral treaty developed by the Hague Conference on Private International Law on the Law Applicable to Trusts. It concluded on 1 July 1985, entered into force 1 January 1992, and is as of September 2017 ratified by 14 countries.
Irrevocable trust: In contrast to a revocable trust, an irrevocable trust is one in which the terms of the trust cannot be amended or revised until the terms or purposes of the trust have been completed. Although in rare cases, a court may change the terms of the trust due to unexpected changes in circumstances that make the trust uneconomical ...
The Trust Indenture Act of 1939 (TIA), codified at 15 U.S.C. ... under applicable law, result in an adverse effect on a lien securing the bonds. ...
The Hart–Scott–Rodino Antitrust Improvements Act of 1976 (HSR Act) is a pivotal federal law enacted by the 94th United States Congress on September 30, 1976. Its primary purpose is to amend the antitrust laws of the United States, primarily the Clayton Antitrust Act, to regulate mergers, acquisitions, transfers of securities, and assets.
Although people are generally free to set the terms of trusts in any way they like, there is a growing body of legislation to protect beneficiaries or regulate the trust relationship, including the Trustee Act 1925, Trustee Investments Act 1961, Recognition of Trusts Act 1987, Financial Services and Markets Act 2000, Trustee Act 2000, Pensions ...
The McCarran–Ferguson Act, 15 U.S.C. §§ 1011-1015, is a United States federal law that exempts the business of insurance from most federal regulation, including federal antitrust laws to a limited extent. The 79th Congress passed the McCarran–Ferguson Act in 1945 after the Supreme Court ruled in United States v.