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The Uniform Voidable Transactions Act (UVTA), formerly named the Uniform Fraudulent Transfer Act (UFTA), strengthens creditor protections by providing remedies for certain transactions by a debtor that are unfair to the debtor’s creditors. The 2014 amendments address a few narrowly-defined issues and are not a comprehensive revision of the 1984 act. For further information about the UVTA, please contact Legislative Program Director Kaitlin Wolff at 312-450-6615 or kwolff@uniformlaws.org
The Uniform Electronic Transactions Act (UETA) establishes the legal equivalence of electronic records and signatures with paper writings and manually-signed signatures, removing barriers to electronic commerce. For more information about enacting this uniform act please contact ULC Legislative Counsel Jane Sternecky at (312) 450-6622 or jsternecky@uniformlaws.org
The Model Entity Transactions Act (META) allows conversion of one kind of business organization to another, or the merger of two or more business organizations into one organization
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Uniform Law Commission The Uniform Law Commission (ULC, also known as the National Conference of Commissioners on Uniform State Laws), established in 1892, provides states with non-partisan, well-conceived and well-drafted legislation that brings clarity and stability to critical areas of state statutory law.