North Carolina

Article 2.

Article 3.

Article 4.

Article 4A.

Article 4B.

Article 4C.

Article 5.

Article 6.

Article 7.

Article 8.

Article 8A.

Article 8B.

Article 9.

Article 10.

Article 11.

Chapter 36C.

§ 36C-1-102. Scope.

§ 36C-1-103. Definitions.

§ 36C-1-104. Knowledge.

§ 36C-1-105. Default and mandatory rules.

§ 36C-1-106. Common law of trusts; principles of equity.

§ 36C-1-107. Governing law.

§ 36C-1-108. Principal place of administration.

§ 36C-1-109. Methods and waiver of notice.

§ 36C-1-110. Others treated as qualified beneficiaries.

§ 36C-1-111. Nonjudicial settlement agreements.

§ 36C-1-112. Rules of construction.

§ 36C-1-113. Construction of certain formula clauses applicable to estates of decedents dying in calendar year 2010.

§ 36C-1-114. Insurable interest of trustee.

§ 36C-2-202. Jurisdiction over trustee and beneficiary.

§ 36C-2-203. Subject matter jurisdiction.

§ 36C-2-204. Venue.

§ 36C-2-205. Commencement of proceedings, pleadings, consolidation, and joinder.

§ 36C-2-206. Representation of parties.

§ 36C-2-207. Waiver of notice.

§ 36C-2-208. Accounting to clerk.

§ 36C-2-209. Qualification and accounting of trustee of a testamentary trust.

§ 36C-3-302. Representation by holder of power of revocation or general power of appointment.

§ 36C-3-303. Representation by fiduciaries, parents, and other persons.

§ 36C-3-304. Representation by person having substantially identical interest.

§ 36C-3-305. Appointment of representative; scope of representation.

§ 36C-4-401.1. Interest of trustee as beneficiary of life insurance or other death benefit sufficient to support inter vivos or testamentary trust.

§ 36C-4-401.2. Creation of trust by a court.

§ 36C-4-402. Requirements for creation.

§ 36C-4-403. Trusts created in other jurisdictions.

§ 36C-4-404. Trust purposes.

§ 36C-4-405. Charitable purposes.

§ 36C-4-405.1. Enforcement of charitable gift or trust.

§ 36C-4-405.2. Spending rules applicable to charitable trusts.

§ 36C-4-406. Creation of trust induced by fraud, duress, or undue influence.

§ 36C-4-407. Evidence of oral trust.

§ 36C-4-408. Trust for care of animal.

§ 36C-4-409. Noncharitable trust without ascertainable beneficiary.

§ 36C-4-410. Modification or termination of trust; proceedings for approval or disapproval.

§ 36C-4-411. Modification or termination of noncharitable irrevocable trust by consent.

§ 36C-4-412. Modification or termination because of unanticipated circumstances or inability to administer trust effectively.

§ 36C-4-413. Cy pres.

§ 36C-4-414. Modification or termination of uneconomic trust.

§ 36C-4-415. Reformation to correct mistakes.

§ 36C-4-416. Modification to achieve settlor's tax objectives.

§ 36C-4-417. Combination and division of trusts.

§ 36C-4-418. Distribution upon termination of trust.

§ 36C-4-419. Effect of inalienable interest on modification or termination.

§ 36C-4A-2. Reformation of charitable remainder trust.

§ 36C-4B-2. General rule.

§ 36C-4B-3. Definitions.

§ 36C-4B-4. Administrative provisions applicable to both charitable remainder annuity trusts and charitable remainder unitrusts.

§ 36C-4B-5. Administrative provisions applicable to charitable remainder trusts only.

§ 36C-4B-6. Administrative provisions applicable to charitable remainder unitrusts only.

§ 36C-4B-7. Interpretation.

§ 36C-4C-2. Establishing validity of a revocable trust before death.

§ 36C-4C-3. Venue.

§ 36C-4C-4. Contents of petition for revocable trust validity.

§ 36C-4C-5. Declaration by court; bar to contesting validity of trust.

§ 36C-4C-6. Confidentiality.

§ 36C-5-502. Spendthrift provision.

§ 36C-5-503. Exceptions to spendthrift provision.

§ 36C-5-504. Discretionary trusts; effect of standard.

§ 36C-5-505. Creditor's claim against settlor.

§ 36C-5-506. Overdue distribution.

§ 36C-5-507. Personal obligations of trustee.

§ 36C-5-508. Protective trusts.

§ 36C-6-602. Revocation or amendment of revocable trust.

§ 36C-6-602.1. Exercise of settlor's powers with respect to revocable trust by agent or guardian.

§ 36C-6-603. Settlor's control of revocable trust.

§ 36C-6-604. Limitation on action contesting validity of revocable trust; distribution of trust property.

§ 36C-6-605. Failure of disposition of property of a trust by lapse or otherwise.

§ 36C-6-606. Revocation of provisions in revocable trust by divorce or annulment; revival.

§ 36C-6-607. Modification or termination of a revocable trust.

§ 36C-7-702. Trustee's bond.

§ 36C-7-703. Cotrustees.

§ 36C-7-704. Vacancy in trusteeship; appointment of successor.

§ 36C-7-705. Resignation of trustee.

§ 36C-7-706. Removal of trustee.

§ 36C-7-707. Delivery of property by former trustee.

§ 36C-7-708. Compensation of trustee.

§ 36C-7-709. Reimbursement of expenses.

§ 36C-8-802. Duty of loyalty.

§ 36C-8-803. Impartiality.

§ 36C-8-804. Prudent administration.

§ 36C-8-805. Cost of administration.

§ 36C-8-806. Trustee's skills.

§ 36C-8-807. Delegation by trustee.

§ 36C-8-808. Powers of a settlor to take certain actions with respect to the trust.

§ 36C-8-809. Control and protection of trust property.

§ 36C-8-810. Record keeping and identification of trust property.

§ 36C-8-811. Enforcement and defense of claims.

§ 36C-8-812. Collecting trust property.

§ 36C-8-813. Duty to inform and report.

§ 36C-8-814. Discretionary powers; tax savings.

§ 36C-8-815. General powers of trustee.

§ 36C-8-816. Specific powers of trustee.

§ 36C-8-816.1: Repealed by Session 2017-121, s.

§ 36C-8-817. Distribution upon termination.

§ 36C-8-818. Notice of deceased Medicaid beneficiaries.

§ 36C-8A-2. Powers of a power holder.

§ 36C-8A-3. Duty and liability of power holder.

§ 36C-8A-4. Duty and liability of trustee.

§ 36C-8A-4.1. Limitations of actions against power holder for breach of trust.

§ 36C-8A-4.2. Defenses in action against power holder.

§ 36C-8A-5. Compensation and reimbursement of expenses of power holder.

§ 36C-8A-6. Jurisdiction over power holder.

§ 36C-8A-7. Accepting or declining the appointment as power holder.

§ 36C-8A-8. Vacancy in the office of the power holder.

§ 36C-8A-9. More than one power holder.

§ 36C-8A-10. Resignation of power holder.

§ 36C-8A-11. Removal of power holder.

§ 36C-8A-12. Power holder's bond.

§ 36C-8B-2. Definitions.

§ 36C-8B-3. Scope.

§ 36C-8B-4. Fiduciary duty.

§ 36C-8B-5. Application; governing law.

§ 36C-8B-6. Reasonable reliance.

§ 36C-8B-7. Notice; exercise of decanting power.

§ 36C-8B-8. Reserved.

§ 36C-8B-9. Court involvement.

§ 36C-8B-10. Formalities.

§ 36C-8B-11. Decanting power.

§ 36C-8B-12. Reserved.

§ 36C-8B-13. Trust for beneficiary with disability.

§ 36C-8B-14. Reserved.

§ 36C-8B-15. Trust limitation on decanting.

§ 36C-8B-16. Change in compensation.

§ 36C-8B-17. Relief from liability and indemnification.

§ 36C-8B-18. Removal or replacement of authorized fiduciary.

§ 36C-8B-19. Tax-related limitations.

§ 36C-8B-20. Duration of second trust.

§ 36C-8B-21. Need to distribute not required.

§ 36C-8B-22. Saving provision.

§ 36C-8B-23. Reserved.

§ 36C-8B-24. Terms of second trust.

§ 36C-8B-25. Settlor.

§ 36C-8B-26. Later-discovered property.

§ 36C-8B-27. Reserved.

§ 36C-8B-28. Reserved.

§ 36C-8B-29. Reserved.

§ 36C-8B-30. Reserved.

§ 36C-9-902. Standard of care; portfolio strategy; risk and return objectives.

§ 36C-9-903. Diversification.

§ 36C-9-903.1. Duties as to life insurance.

§ 36C-9-904. Duties at inception of trusteeship.

§ 36C-9-905. Reviewing compliance.

§ 36C-9-906. Effect on charitable remainder trusts.

§ 36C-9-907. Short title.

§ 36C-10-1002. Damages for breach of trust.

§ 36C-10-1003. Liability in absence of breach.

§ 36C-10-1004. Attorneys' fees and costs.

§ 36C-10-1005. Limitation of action against trustee.

§ 36C-10-1006. Reliance on trust instrument.

§ 36C-10-1007. Event affecting administration or distribution.

§ 36C-10-1008. Exculpation of trustee.

§ 36C-10-1009. Beneficiary's consent, release, or ratification.

§ 36C-10-1010. Limitation on personal liability of trustee.

§ 36C-10-1011. Interest as general partner.

§ 36C-10-1012. Protection of person dealing with trustee.

§ 36C-10-1013. Certification of trust.

§ 36C-11-1102. Electronic records and signatures.

§ 36C-11-1103. Severability clause.

§ 36C-11-1104. Trustee signatures.

§ 36C-11-1105: Reserved for future codification purposes.

§ 36C-11-1106. Application to existing relationships.