Uniform Fiduciaries Act

Uniform Fiduciaries Act

Legislation enacted in several U.S. states outlining the responsibilities and liabilities that principals have toward fiduciaries acting on their behalf. It was written by the National Conference of Commissioners of Uniform States Laws in 1922.
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Focus: Statutory Interpretation Uniform Fiduciaries Act
We review a published decision of the court of appeals that affirmed an order of the circuit court granting summary judgment dismissing Koss Corporation's Uniform Fiduciaries Act (UFA) claim against Park Bank.
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