§ 36C-4-404. Trust purposes.
43 words·~1 min read·
/nc/chapter-36c/36c-4-404A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 36C-4-404. Trust purposes.
A trust may be created only to the extent that its purposes are lawful, not contrary to public policy, and possible to achieve. A trust and its terms must be for the benefit of its beneficiaries. (2005-192, s. 2.)