ULC

Acts

Statutory Trust Entity Act

Description

The Uniform Statutory Trust Entity Act governs the use of statutory trusts as a mode of business organization. The Uniform Act modernizes the existing, but outdated, laws governing these types of entities.

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Drafting History

Origin: Completed by the Uniform Law Commission in 2009.
Committee/Resources: Statutory Trust Entity Act
Related Versions: Harmonization of Business Entity Acts