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

§ 36C-8B-9. Court involvement.

121 words·~1 min read·/nc/chapter-36c/36c-8b-9

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§ 36C-8B-9. Court involvement.
(a)An authorized fiduciary, a beneficiary, or a person entitled to notice under G.S. 36C-8B-7(b) may commence a proceeding for any of the following purposes:
(1)To approve or disapprove a proposed exercise of the authorized fiduciary's decanting power.
(2)To appoint a special fiduciary to exercise the decanting power.
(b)Nothing in this section shall affect the right of a person to file an action in the superior court division of the General Court of Justice for declaratory relief under Article 26 of Chapter 1 of the General Statutes, including, but not limited to, an action to determine the extent to which G.S. 36C-8B-22 applies to a prior exercise of the decanting power. (2017-121, s. 1.)
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