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Code · North Carolina · Chapter 36D — North Carolina Community Third Party Trusts, Pooled Trusts

§ 36D-10. Trust not subject to law against perpetuities; restraints on alienation.

56 words·~1 min read·/nc/chapter-36d/36d-10

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§ 36D-10. Trust not subject to law against perpetuities; restraints on alienation.
A 36D Trust shall not be subject to or held to be in violation of any principle of law against perpetuities or restraints on alienation or perpetual accumulations of trusts. (1991 (Reg. Sess., 1992), c. 768, s. 1; 2005-192, s. 3; 2010-118, s. 1.)
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