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New ULC Study and Drafting Committees Approved

(July 26, 2017) -

Uniform Law Commission
111 N. Wabash Ave., Suite 1010, Chicago, IL  60602
312-450-6600, www.uniformlaws.org

Contact:  Katie Robinson, ULC Communications Officer, krobinson@uniformlaws.org  

NEW DRAFTING AND STUDY COMMITTEES TO BE APPOINTED

July 26, 2017 — At its recent 2017 Annual Meeting, the Executive Committee of the Uniform Law Commission (ULC) authorized the appointment of four new drafting committees and three new study committees.

The new drafting committees are:

Drafting Committee on UCC Article 8 Companion Act to the Uniform Regulation of Virtual Currency Businesses Act.  This committee will draft a UCC Article 8 related statute as a companion act to the Uniform Regulation of Virtual Currency Businesses Act based on the current Section 502 of the Act.

Drafting Committee to Amend the Revised Uniform Law on Notarial Acts.  This committee will draft amendments to the Revised Uniform Law on Notarial Acts to authorize remote notarization without geographic limits on the location of the signer and to address interstate recognition of notarial acts.

Drafting Committee to Regulate the Management of Funds Raised Through Crowdfunding Efforts.  This committee will draft a uniform or model act to regulate the management of funds raised through crowdfunding efforts to require transparency, and to provide civil sanctions and remedies for non-compliance.

Drafting Committee on Anti-SLAPP (Strategic Lawsuit Against Public Participation) Legislation.  This committee will draft an Anti-SLAPP Act.  The drafting committee will address the breadth of the act; limitations, if any, to be imposed after a motion to strike is made; the standard of review relating to the motion to strike; appeal rights from the grant or denial or a motion to strike; and whether the court should award attorney’s fees and costs.

The new study committees are:

Study Committee on Garnishment of Wages in Bank Accounts.  This committee will study the need for and feasibility of state legislation specifically on garnishment of wages in bank accounts or more generally on exemption of asset classes from claims of creditors. 

Study Committee on Adverse Possession.  This committee will study the need for and feasibility of state legislation on modifications to the law of adverse possession in light of modern technology affecting boundary disputes, changing public perceptions, and recent developments in the law.

Study Committee on Data Breach Notification.  This committee will study the need for and feasibility of state legislation on data breach notification.  The committee will consider the personal information that should be protected and the methods and manner of notice. 

Further information on the new drafting and study committees, as well as information on the Uniform Law Commission, can be found at the ULC’s website at www.uniformlaws.org.

Drafting committees, composed of commissioners, with participation from observers, advisors and reporter-drafters, meet throughout the year.  Tentative drafts are not submitted to the entire Commission until they have received extensive committee consideration.

Proposed acts are subjected to rigorous examination and debate before they become eligible for designation as ULC products.  The final decision on whether an act is ready for promulgation to the states is made near the close of an annual meeting, on a vote by states basis, with an affirmative vote of twenty or more states necessary for final approval.

The Uniform Law Commission, now in its 126th year, provides states with non-partisan, well-conceived and well-drafted legislation that brings clarity and stability to critical areas of state statutory law.  The organization comprises more than 300 lawyers, judges, and law professors, appointed by the states as well as the District of Columbia, Puerto Rico, and the U.S. Virgin Islands, to research, draft and promote enactment of uniform state laws in areas of state law where uniformity is desirable and practical.  Since its inception in 1892, the group has promulgated more than 200 acts, among them such bulwarks of state statutory law as the Uniform Commercial Code, the Uniform Probate Code, and the Uniform Partnership Act.

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