Unilateral Transfer
Key Takeaways – A unilateral transfer is a one-way transfer of money, goods, or services from one party to another where the sender receives…
Unilateral Contract
A unilateral contract is an agreement in which one party (the offeror) makes a promise that will be fulfilled only if another party (the…
Uniform Securities Act
The Uniform Securities Act (USA) is a model law drafted by the National Conference of Commissioners on Uniform State Laws (often through the North…
Uniform Transfer Tax
Key takeaways – A uniform transfer tax (often discussed as the unified gift-and-estate tax) combines the federal gift tax (tax on lifetime transfers) and…
Uniform Simultaneous Death Act
Key takeaways – The Uniform Simultaneous Death Act (USDA) is a model statute used by many U.S. jurisdictions to decide how property passes when…
Uniform Prudent Investor Act Upia
Key takeaways – The Uniform Prudent Investor Act (UPIA) modernized the old “Prudent Man” rule by requiring fiduciaries to judge investment prudence in the…
Uniform Policy Provisions Health Insurance
Introduction Uniform policy provisions are standardized clauses that states require or allow insurers to include in individual accident and sickness (health) insurance contracts. They…
Uniform Partnership Act Upa
• The Uniform Partnership Act (UPA) is a model statute drafted by the National Conference of Commissioners on Uniform State Laws (now the Uniform…
Uniform Individual Accident And Sickness Policy Provisions Act
• The Uniform Individual Accident and Sickness Policy Provisions Act (more precisely: the Uniform Individual Accident and Sickness Policy Provisions Law) is a model…
Uniform Consumer Credit Code Uccc
Key takeaways – The UCCC is a model uniform law, originally approved in 1968 and revised in 1974, that sets out state-level rules governing…