Current Acts - F

7 total

Faithful Presidential Electors Act  

The Uniform Faithful Presidential Electors Act (UFPEA) provides a statutory remedy in the event a state presidential elector fails to vote in accordance with the voters of his or her state. UFPEA has a state-administered pledge of faithfulness, with any attempt by an elector to submit a vote in violation of that pledge, effectively constituting resignation from the office of elector. UFPEA also provides a mechanism for filling a vacancy created for that reason or any other. For more information about enacting UFPEA please Legislative Counsel Lindsay Beaver at (312) 450-6618 or lbeaver@uniformlaws.org, or contact Senior Director for Strategy and Communications Katie Robinson at (312) 450-6616 or krobinson@uniformlaws.org.

 

Family Law Arbitration Act  

The Uniform Family Law Arbitration Act (UFLAA) addresses arbitration of family law matters, such as child custody and child support, and offers protections to victims of domestic violence. For further information about the UFLAA, please contact Legislative Counsel Kari Bearman at 312-450-6617 or kbearman@uniformlaws.org.

 

Federal Lien Registration Act  

The Uniform Federal Lien Registration Act (UFLRA) provides for the registration of federal liens by procedures consistent with normal recording of mortgages in local real property records and with the normal filing of security interests in personal property.

 

Fiduciary Access to Digital Assets Act, Revised  

The Revised Uniform Fiduciary Access to Digital Assets Act (RUFADAA) governs access to a person's online accounts when the account owner dies or loses the ability to manage the account. A fiduciary is a person appointed to manage the property of another person, subject to strict duties to act in the other person’s best interest. Common types of fiduciaries include executors of a decedent’s estate, trustees, conservators, and agents under a power of attorney. This act extends the traditional power of a fiduciary to manage tangible property to include management of digital assets. The act allows fiduciaries to manage digital property like computer files, web domains, and virtual currency, but restricts a fiduciary’s access to electronic communications such as email, text messages, and social media accounts unless the original user consented to fiduciary access in a will, trust, power of attorney, or other record. For more information about the RUFADAA please contact ULC Chief Counsel Benjamin Orzeske at (312) 450-6621 or borzeske@uniformlaws.org.

 

Fiduciary Income and Principal Act  

The Uniform Fiduciary Income and Principal Act (UFIPA) is a revision of the former Uniform Principal and Income Act with a new name to differentiate the act from its three predecessor versions. While older trusts often had clear delineation between income and principal interests, modern trust accounting requires flexibility. Trustees now tend to invest for the greatest total return, and then adjust between interest and principal to produce a fair result for all the beneficiaries. UFIPA recognizes this trend toward total-return investing and includes unitrust conversion rules to allow even older trusts to take advantage of modern investment trends. UFIPA gives estate planning attorneys additional flexibility to tailor a trust for each client’s needs and includes a new governing law section to help avoid jurisdictional disputes. For more information about enacting UFIPA please contact ULC Chief Counsel Benjamin Orzeske at (312) 450-6621 or borzeske@uniformlaws.org.

 

Foreign Money Claims Act  

The Uniform Foreign Money Claims Act (UFMCA) simplifies international business by allowing courts in the US to accept or render judgments valued in foreign currency. For further information about the UFMCA, please contact Legislative Program Director Kaitlin Wolff at 312-450-6615 or kwolff@uniformlaws.org.

 

Foreign-Country Money Judgments Recognition Act  

The Uniform Foreign-Country Money Judgments Recognition Act (UFCMJRA) provides updated rules and procedures for the recognition of money judgments rendered in other countries. For further information about enacting the UFCMJRA, please contact Legislative Program Director Kaitlin Wolff at 312-450-6615 or kwolff@uniformlaws.org.