NORTH CAROLINA GENERAL ASSEMBLY

1971 SESSION

 

 

CHAPTER 844

HOUSE BILL 1001

 

 

AN ACT TO AMEND THE UNIFORM GIFTS TO MINORS ACT TO PROVIDE ALTERNATE CUSTODIANS AND DELETE BOND PROVISION.

 

The General Assembly of North Carolina enacts:

 

Section 1.  G.S. 33-69.1(c) as appears in Chapter 247 of the Session Laws of 1971 is amended by inserting between the first and second sentences thereof the following new sentence:

"An alternate custodian may be named in the will to serve in the event the custodian first named predeceases the testator or refuses to accept the appointment as custodian."

Sec. 2.  This act shall become effective October 1, 1971.

In the General Assembly read three times and ratified, this the 13th day of July, 1971.