Tap any paragraph to write a margin note. Your notes collect in the Desk below the text and file under cases with @. The side-by-side margin rail opens on a larger screen.

§
Marginalia
Code · North Carolina · Chapter 36C — North Carolina Uniform Trust Code

§ 36C-8B-16. Change in compensation.

113 words·~1 min read·/nc/chapter-36c/36c-8b-16

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

§ 36C-8B-16. Change in compensation.
(a)If a first trust specifies an authorized fiduciary's compensation, the fiduciary shall not exercise the decanting power to increase the fiduciary's compensation above the specified compensation unless either of the following conditions is satisfied:
(1)All qualified beneficiaries of the second trust consent to the increase in a signed written instrument.
(2)The increase is approved by the clerk of superior court pursuant to G.S. 36C-2-203(a)(3).
(b)For the purposes of this section, a change in an authorized fiduciary's compensation which is incidental to other changes made by the exercise of the decanting power shall not be deemed an increase in the fiduciary's compensation. (2017-121, s. 1.)
★   the supreme law of the land   ★
Don't Tread on Me
E Pluribus Unum — out of many, one

"If you don't know your rights, you don't have any."

Marginalia · a citizen's law index
A research desk, not legal advice. Always read the cited source before relying on a summary.
Questions or an issue? support@self-law.org
disclaimerMarginalia is a research index, not a law firm. Nothing on this site is legal, tax, or financial advice and no attorney–client relationship is formed by using it. Statutes, regulations, and case law change; summaries, search results, AI output, and member posts may be incomplete, out of date, or wrong. Any interpretation drawn from material on this site should be validated by a licensed attorney in your jurisdiction before you act on it.