Uniform Supervision of Trustees for Charitable Purposes Act Law & Legal Definition


Uniform Supervision of Trustees for Charitable Purposes Act was drafted by the National Conference of Commissioners on Uniform State Laws (NCCUSL) in 1954. This act requires trustees and others holding funds for charitable purposes to report the existence of the trust relationship to the Attorney General's Office, and to make subsequent, periodic reports to that office. In case of a nonprofit organization having the form of a charitable trust, the organization would be governed largely by this act, whereas a nonprofit organization that is an unincorporated association would be governed by the Uniform Unincorporated Nonprofit Association Act.

California is an example of a state adopting the act.