Trust Indenture Act of 1939: Federal law that regulates the conduct of trustees and the terms of trust indentures in the United States, particularly for debt securities.
Securities Act of 1933: Federal law governing the registration and initial offering of securities, relevant if the trust involves securities transactions.
Securities Exchange Act of 1934: Federal law regulating secondary trading of securities and establishing the SEC, applicable for trusts involving securities.
Internal Revenue Code: Federal tax laws containing specific provisions for trust taxation, income distribution, and tax reporting requirements.
Uniform Trust Code (UTC): Model law providing standardized rules for trust administration, adopted by many states with local variations.
State Trust Codes: State-specific laws governing trust formation, administration, and enforcement within each jurisdiction.
State Fiduciary Laws: State-specific regulations defining trustee duties, responsibilities, and standards of care.
Fair Labor Standards Act (FLSA): Federal law establishing wage, overtime, and employment standards, relevant for commission-based arrangements.
State Employment Laws: State-specific regulations governing employment relationships and commission payments.
Banking Regulations: Federal and state regulations governing banking activities and trust operations within financial institutions.
Anti-Money Laundering Regulations: Federal regulations requiring trusts to implement measures preventing money laundering and financial crimes.
ERISA: Employee Retirement Income Security Act, applicable if the trust involves employee benefits or retirement plans.
State Contract Law: State-specific laws governing contract formation, enforcement, and interpretation.
State Statute of Frauds: State law requiring certain types of contracts and agreements to be in writing to be enforceable.
State Statute of Limitations: State-specific time limits for bringing legal actions related to trust or contract disputes.
