Chapter 36C: North Carolina Uniform Trust Code.
Article 1 - General Provisions and Definitions. [HTML] [RTF] |
G.S. 36C-1-101 | § 36C-1-101. Short title. | [HTML] [RTF] |
G.S. 36C-1-102 | § 36C-1-102. Scope. | [HTML] [RTF] |
G.S. 36C-1-103 | § 36C-1-103. Definitions. | [HTML] [RTF] |
G.S. 36C-1-104 | § 36C-1-104. Knowledge. | [HTML] [RTF] |
G.S. 36C-1-105 | § 36C-1-105. Default and mandatory rules. | [HTML] [RTF] |
G.S. 36C-1-106 | § 36C-1-106. Common law of trusts; principles of equity. | [HTML] [RTF] |
G.S. 36C-1-107 | § 36C-1-107. Governing law. | [HTML] [RTF] |
G.S. 36C-1-108 | § 36C-1-108. Principal place of administration. | [HTML] [RTF] |
G.S. 36C-1-109 | § 36C-1-109. Methods and waiver of notice. | [HTML] [RTF] |
G.S. 36C-1-110 | § 36C-1-110. Others treated as qualified beneficiaries. | [HTML] [RTF] |
G.S. 36C-1-111 | § 36C-1-111. Nonjudicial settlement agreements. | [HTML] [RTF] |
G.S. 36C-1-112 | § 36C-1-112. Rules of construction. | [HTML] [RTF] |
G.S. 36C-1-113 | § 36C-1-113. Construction of certain formula clauses applicable to estates of decedents dying in calendar year 2010. | [HTML] [RTF] |
G.S. 36C-1-114 | § 36C-1-114. Insurable interest of trustee. | [HTML] [RTF] |
Article 2 - Judicial Proceedings. [HTML] [RTF] |
G.S. 36C-2-201 | § 36C-2-201. Role of court in administration of trust. | [HTML] [RTF] |
G.S. 36C-2-202 | § 36C-2-202. Jurisdiction over trustee and beneficiary. | [HTML] [RTF] |
G.S. 36C-2-203 | § 36C-2-203. Subject matter jurisdiction. | [HTML] [RTF] |
G.S. 36C-2-204 | § 36C-2-204. Venue. | [HTML] [RTF] |
G.S. 36C-2-205 | § 36C-2-205. Commencement of proceedings, pleadings, consolidation, and joinder. | [HTML] [RTF] |
G.S. 36C-2-206 | § 36C-2-206. Representation of parties. | [HTML] [RTF] |
G.S. 36C-2-207 | § 36C-2-207. Waiver of notice. | [HTML] [RTF] |
G.S. 36C-2-208 | § 36C-2-208. Accounting to clerk. | [HTML] [RTF] |
G.S. 36C-2-209 | § 36C-2-209. Qualification and accounting of trustee of a testamentary trust. | [HTML] [RTF] |
Article 3 - Representation. [HTML] [RTF] |
G.S. 36C-3-301 | § 36C-3-301. Representation: basic effect. | [HTML] [RTF] |
G.S. 36C-3-302 | § 36C-3-302. Representation by holder of power of revocation or general power of appointment. | [HTML] [RTF] |
G.S. 36C-3-303 | § 36C-3-303. Representation by fiduciaries, parents, and other persons. | [HTML] [RTF] |
G.S. 36C-3-304 | § 36C-3-304. Representation by person having substantially identical interest. | [HTML] [RTF] |
G.S. 36C-3-305 | § 36C-3-305. Appointment of representative; scope of representation. | [HTML] [RTF] |
Article 4 - Creation, Validity, Modification, and Termination of Trust. [HTML] [RTF] |
G.S. 36C-4-401 | § 36C-4-401. Methods of creating trust. | [HTML] [RTF] |
G.S. 36C-4-401.1 | § 36C-4-401.1. Interest of trustee as beneficiary of life insurance or other death benefit sufficient to support inter vivos or testamentary trust. | [HTML] [RTF] |
G.S. 36C-4-401.2 | § 36C-4-401.2. Creation of trust by a court. | [HTML] [RTF] |
G.S. 36C-4-402 | § 36C-4-402. Requirements for creation. | [HTML] [RTF] |
G.S. 36C-4-403 | § 36C-4-403. Trusts created in other jurisdictions. | [HTML] [RTF] |
G.S. 36C-4-404 | § 36C-4-404. Trust purposes. | [HTML] [RTF] |
G.S. 36C-4-405 | § 36C-4-405. Charitable purposes. | [HTML] [RTF] |
G.S. 36C-4-405.1 | § 36C-4-405.1. Enforcement of charitable gift or trust. | [HTML] [RTF] |
G.S. 36C-4-405.2 | § 36C-4-405.2. Spending rules applicable to charitable trusts. | [HTML] [RTF] |
G.S. 36C-4-406 | § 36C-4-406. Creation of trust induced by fraud, duress, or undue influence. | [HTML] [RTF] |
G.S. 36C-4-407 | § 36C-4-407. Evidence of oral trust. | [HTML] [RTF] |
G.S. 36C-4-408 | § 36C-4-408. Trust for care of animal. | [HTML] [RTF] |
G.S. 36C-4-409 | § 36C-4-409. Noncharitable trust without ascertainable beneficiary. | [HTML] [RTF] |
G.S. 36C-4-410 | § 36C-4-410. Modification or termination of trust; proceedings for approval or disapproval. | [HTML] [RTF] |
G.S. 36C-4-411 | § 36C-4-411. Modification or termination of noncharitable irrevocable trust by consent. | [HTML] [RTF] |
G.S. 36C-4-412 | § 36C-4-412. Modification or termination because of unanticipated circumstances or inability to administer trust effectively. | [HTML] [RTF] |
G.S. 36C-4-413 | § 36C-4-413. Cy pres. | [HTML] [RTF] |
G.S. 36C-4-414 | § 36C-4-414. Modification or termination of uneconomic trust. | [HTML] [RTF] |
G.S. 36C-4-415 | § 36C-4-415. Reformation to correct mistakes. | [HTML] [RTF] |
G.S. 36C-4-416 | § 36C-4-416. Modification to achieve settlor's tax objectives. | [HTML] [RTF] |
G.S. 36C-4-417 | § 36C-4-417. Combination and division of trusts. | [HTML] [RTF] |
G.S. 36C-4-418 | § 36C-4-418. Distribution upon termination of trust. | [HTML] [RTF] |
G.S. 36C-4-419 | § 36C-4-419. Effect of inalienable interest on modification or termination. | [HTML] [RTF] |
Article 4A - Tax Status of Charitable Trusts. [HTML] [RTF] |
G.S. 36C-4A-1 | § 36C-4A-1. Prohibited transactions. | [HTML] [RTF] |
G.S. 36C-4A-2 | § 36C-4A-2. Reformation of charitable remainder trust. | [HTML] [RTF] |
Article 4B - Charitable Remainder Trust Administration Act. [HTML] [RTF] |
G.S. 36C-4B-1 | § 36C-4B-1. Short title. | [HTML] [RTF] |
G.S. 36C-4B-2 | § 36C-4B-2. General rule. | [HTML] [RTF] |
G.S. 36C-4B-3 | § 36C-4B-3. Definitions. | [HTML] [RTF] |
G.S. 36C-4B-4 | § 36C-4B-4. Administrative provisions applicable to both charitable remainder annuity trusts and charitable remainder unitrusts. | [HTML] [RTF] |
G.S. 36C-4B-5 | § 36C-4B-5. Administrative provisions applicable to charitable remainder trusts only. | [HTML] [RTF] |
G.S. 36C-4B-6 | § 36C-4B-6. Administrative provisions applicable to charitable remainder unitrusts only. | [HTML] [RTF] |
G.S. 36C-4B-7 | § 36C-4B-7. Interpretation. | [HTML] [RTF] |
Article 5 - Creditors' Claims; Spendthrift and Discretionary Trusts. [HTML] [RTF] |
G.S. 36C-5-501 | § 36C-5-501. Rights of beneficiary's creditor or assignee. | [HTML] [RTF] |
G.S. 36C-5-502 | § 36C-5-502. Spendthrift provision. | [HTML] [RTF] |
G.S. 36C-5-503 | § 36C-5-503. Exceptions to spendthrift provision. | [HTML] [RTF] |
G.S. 36C-5-504 | § 36C-5-504. Discretionary trusts; effect of standard. | [HTML] [RTF] |
G.S. 36C-5-505 | § 36C-5-505. Creditor's claim against settlor. | [HTML] [RTF] |
G.S. 36C-5-506 | § 36C-5-506. Overdue distribution. | [HTML] [RTF] |
G.S. 36C-5-507 | § 36C-5-507. Personal obligations of trustee. | [HTML] [RTF] |
G.S. 36C-5-508 | § 36C-5-508. Protective trusts. | [HTML] [RTF] |
Article 6 - Revocable Trusts. [HTML] [RTF] |
G.S. 36C-6-601 | § 36C-6-601. Capacity of settlor of revocable trust. | [HTML] [RTF] |
G.S. 36C-6-602 | § 36C-6-602. Revocation or amendment of revocable trust. | [HTML] [RTF] |
G.S. 36C-6-602.1 | § 36C-6-602.1. Exercise of settlor's powers with respect to revocable trust by agent or guardian. | [HTML] [RTF] |
G.S. 36C-6-603 | § 36C-6-603. Settlor's control of revocable trust. | [HTML] [RTF] |
G.S. 36C-6-604 | § 36C-6-604. Limitation on action contesting validity of revocable trust; distribution of trust property. | [HTML] [RTF] |
G.S. 36C-6-605 | § 36C-6-605. Failure of disposition of property of a trust by lapse or otherwise. | [HTML] [RTF] |
G.S. 36C-6-606 | § 36C-6-606. Revocation of provisions in revocable trust by divorce or annulment; revival. | [HTML] [RTF] |
G.S. 36C-6-607 | § 36C-6-607. Modification or termination of a revocable trust. | [HTML] [RTF] |
Article 7 - Office of Trustee. [HTML] [RTF] |
G.S. 36C-7-701 | § 36C-7-701. Accepting or declining trusteeship. | [HTML] [RTF] |
G.S. 36C-7-702 | § 36C-7-702. Trustee's bond. | [HTML] [RTF] |
G.S. 36C-7-703 | § 36C-7-703. Cotrustees. | [HTML] [RTF] |
G.S. 36C-7-704 | § 36C-7-704. Vacancy in trusteeship; appointment of successor. | [HTML] [RTF] |
G.S. 36C-7-705 | § 36C-7-705. Resignation of trustee. | [HTML] [RTF] |
G.S. 36C-7-706 | § 36C-7-706. Removal of trustee. | [HTML] [RTF] |
G.S. 36C-7-707 | § 36C-7-707. Delivery of property by former trustee. | [HTML] [RTF] |
G.S. 36C-7-708 | § 36C-7-708. Compensation of trustee. | [HTML] [RTF] |
G.S. 36C-7-709 | § 36C-7-709. Reimbursement of expenses. | [HTML] [RTF] |
Article 8 - Duties and Powers of Trustee. [HTML] [RTF] |
G.S. 36C-8-801 | § 36C-8-801. Duty to administer trust. | [HTML] [RTF] |
G.S. 36C-8-802 | § 36C-8-802. Duty of loyalty. | [HTML] [RTF] |
G.S. 36C-8-803 | § 36C-8-803. Impartiality. | [HTML] [RTF] |
G.S. 36C-8-804 | § 36C-8-804. Prudent administration. | [HTML] [RTF] |
G.S. 36C-8-805 | § 36C-8-805. Cost of administration. | [HTML] [RTF] |
G.S. 36C-8-806 | § 36C-8-806. Trustee's skills. | [HTML] [RTF] |
G.S. 36C-8-807 | § 36C-8-807. Delegation by trustee. | [HTML] [RTF] |
G.S. 36C-8-808 | § 36C-8-808. Powers of a settlor to take certain actions with respect to the trust. | [HTML] [RTF] |
G.S. 36C-8-809 | § 36C-8-809. Control and protection of trust property. | [HTML] [RTF] |
G.S. 36C-8-810 | § 36C-8-810. Record keeping and identification of trust property. | [HTML] [RTF] |
G.S. 36C-8-811 | § 36C-8-811. Enforcement and defense of claims. | [HTML] [RTF] |
G.S. 36C-8-812 | § 36C-8-812. Collecting trust property. | [HTML] [RTF] |
G.S. 36C-8-813 | § 36C-8-813. Duty to inform and report. | [HTML] [RTF] |
G.S. 36C-8-814 | § 36C-8-814. Discretionary powers; tax savings. | [HTML] [RTF] |
G.S. 36C-8-815 | § 36C-8-815. General powers of trustee. | [HTML] [RTF] |
G.S. 36C-8-816 | § 36C-8-816. Specific powers of trustee. | [HTML] [RTF] |
G.S. 36C-8-816.1 | § 36C-8-816.1: Repealed by Session 2017-121, s. 2.4, effective July 18, 2017. | [HTML] [RTF] |
G.S. 36C-8-817 | § 36C-8-817. Distribution upon termination. | [HTML] [RTF] |
G.S. 36C-8-818 | § 36C-8-818. Notice of deceased Medicaid beneficiaries. | [HTML] [RTF] |
Article 8A - Powers, Duties, and Liability of a Power Holder Other Than a Trustee; Duty and Liability of a Trustee With Respect to Power Holder's Actions. [HTML] [RTF] |
G.S. 36C-8A-1 | § 36C-8A-1. Definition. | [HTML] [RTF] |
G.S. 36C-8A-2 | § 36C-8A-2. Powers of a power holder. | [HTML] [RTF] |
G.S. 36C-8A-3 | § 36C-8A-3. Duty and liability of power holder. | [HTML] [RTF] |
G.S. 36C-8A-4 | § 36C-8A-4. Duty and liability of trustee. | [HTML] [RTF] |
G.S. 36C-8A-5 | § 36C-8A-5. Compensation and reimbursement of expenses of power holder. | [HTML] [RTF] |
G.S. 36C-8A-6 | § 36C-8A-6. Jurisdiction over power holder. | [HTML] [RTF] |
G.S. 36C-8A-7 | § 36C-8A-7. Accepting or declining the appointment as power holder. | [HTML] [RTF] |
G.S. 36C-8A-8 | § 36C-8A-8. Powers of trustee in the absence of a power holder. | [HTML] [RTF] |
G.S. 36C-8A-9 | § 36C-8A-9. More than one power holder. | [HTML] [RTF] |
G.S. 36C-8A-10 | § 36C-8A-10. Resignation of power holder. | [HTML] [RTF] |
G.S. 36C-8A-11 | § 36C-8A-11. Removal of power holder. | [HTML] [RTF] |
Article 8B - North Carolina Uniform Trust Decanting Act. [HTML] [RTF] |
G.S. 36C-8B-1 | § 36C-8B-1. Short title. | [HTML] [RTF] |
G.S. 36C-8B-2 | § 36C-8B-2. Definitions. | [HTML] [RTF] |
G.S. 36C-8B-3 | § 36C-8B-3. Scope. | [HTML] [RTF] |
G.S. 36C-8B-4 | § 36C-8B-4. Fiduciary duty. | [HTML] [RTF] |
G.S. 36C-8B-5 | § 36C-8B-5. Application; governing law. | [HTML] [RTF] |
G.S. 36C-8B-6 | § 36C-8B-6. Reasonable reliance. | [HTML] [RTF] |
G.S. 36C-8B-7 | § 36C-8B-7. Notice; exercise of decanting power. | [HTML] [RTF] |
G.S. 36C-8B-8 | § 36C-8B-8. Reserved. | [HTML] [RTF] |
G.S. 36C-8B-9 | § 36C-8B-9. Court involvement. | [HTML] [RTF] |
G.S. 36C-8B-10 | § 36C-8B-10. Formalities. | [HTML] [RTF] |
G.S. 36C-8B-11 | § 36C-8B-11. Decanting power. | [HTML] [RTF] |
G.S. 36C-8B-12 | § 36C-8B-12. Reserved. | [HTML] [RTF] |
G.S. 36C-8B-13 | § 36C-8B-13. Trust for beneficiary with disability. | [HTML] [RTF] |
G.S. 36C-8B-14 | § 36C-8B-14. Reserved. | [HTML] [RTF] |
G.S. 36C-8B-15 | § 36C-8B-15. Trust limitation on decanting. | [HTML] [RTF] |
G.S. 36C-8B-16 | § 36C-8B-16. Change in compensation. | [HTML] [RTF] |
G.S. 36C-8B-17 | § 36C-8B-17. Relief from liability and indemnification. | [HTML] [RTF] |
G.S. 36C-8B-18 | § 36C-8B-18. Removal or replacement of authorized fiduciary. | [HTML] [RTF] |
G.S. 36C-8B-19 | § 36C-8B-19. Tax-related limitations. | [HTML] [RTF] |
G.S. 36C-8B-20 | § 36C-8B-20. Duration of second trust. | [HTML] [RTF] |
G.S. 36C-8B-21 | § 36C-8B-21. Need to distribute not required. | [HTML] [RTF] |
G.S. 36C-8B-22 | § 36C-8B-22. Saving provision. | [HTML] [RTF] |
G.S. 36C-8B-23 | § 36C-8B-23. Reserved. | [HTML] [RTF] |
G.S. 36C-8B-24 | § 36C-8B-24. Terms of second trust. | [HTML] [RTF] |
G.S. 36C-8B-25 | § 36C-8B-25. Settlor. | [HTML] [RTF] |
G.S. 36C-8B-26 | § 36C-8B-26. Later-discovered property. | [HTML] [RTF] |
G.S. 36C-8B-27 | § 36C-8B-27. Reserved. | [HTML] [RTF] |
G.S. 36C-8B-28 | § 36C-8B-28. Reserved. | [HTML] [RTF] |
G.S. 36C-8B-29 | § 36C-8B-29. Reserved. | [HTML] [RTF] |
G.S. 36C-8B-30 | § 36C-8B-30. Reserved. | [HTML] [RTF] |
Article 9 - Uniform Prudent Investor Act. [HTML] [RTF] |
G.S. 36C-9-901 | § 36C-9-901. Prudent investor rule; applicability. | [HTML] [RTF] |
G.S. 36C-9-902 | § 36C-9-902. Standard of care; portfolio strategy; risk and return objectives. | [HTML] [RTF] |
G.S. 36C-9-903 | § 36C-9-903. Diversification. | [HTML] [RTF] |
G.S. 36C-9-903.1 | § 36C-9-903.1. Duties as to life insurance. | [HTML] [RTF] |
G.S. 36C-9-904 | § 36C-9-904. Duties at inception of trusteeship. | [HTML] [RTF] |
G.S. 36C-9-905 | § 36C-9-905. Reviewing compliance. | [HTML] [RTF] |
G.S. 36C-9-906 | § 36C-9-906. Effect on charitable remainder trusts. | [HTML] [RTF] |
G.S. 36C-9-907 | § 36C-9-907. Short title. | [HTML] [RTF] |
Article 10 - Liability of Trustees and Rights of Persons Dealing with Trustees. [HTML] [RTF] |
G.S. 36C-10-1001 | § 36C-10-1001. Remedies for breach of trust. | [HTML] [RTF] |
G.S. 36C-10-1002 | § 36C-10-1002. Damages for breach of trust. | [HTML] [RTF] |
G.S. 36C-10-1003 | § 36C-10-1003. Liability in absence of breach. | [HTML] [RTF] |
G.S. 36C-10-1004 | § 36C-10-1004. Attorneys' fees and costs. | [HTML] [RTF] |
G.S. 36C-10-1005 | § 36C-10-1005. Limitation of action against trustee. | [HTML] [RTF] |
G.S. 36C-10-1006 | § 36C-10-1006. Reliance on trust instrument. | [HTML] [RTF] |
G.S. 36C-10-1007 | § 36C-10-1007. Event affecting administration or distribution. | [HTML] [RTF] |
G.S. 36C-10-1008 | § 36C-10-1008. Exculpation of trustee. | [HTML] [RTF] |
G.S. 36C-10-1009 | § 36C-10-1009. Beneficiary's consent, release, or ratification. | [HTML] [RTF] |
G.S. 36C-10-1010 | § 36C-10-1010. Limitation on personal liability of trustee. | [HTML] [RTF] |
G.S. 36C-10-1011 | § 36C-10-1011. Interest as general partner. | [HTML] [RTF] |
G.S. 36C-10-1012 | § 36C-10-1012. Protection of person dealing with trustee. | [HTML] [RTF] |
G.S. 36C-10-1013 | § 36C-10-1013. Certification of trust. | [HTML] [RTF] |
Article 11 - Miscellaneous Provisions. [HTML] [RTF] |
G.S. 36C-11-1101 | § 36C-11-1101. Uniformity of application and construction. | [HTML] [RTF] |
G.S. 36C-11-1102 | § 36C-11-1102. Electronic records and signatures. | [HTML] [RTF] |
G.S. 36C-11-1103 | § 36C-11-1103. Severability clause. | [HTML] [RTF] |
G.S. 36C-11-1104 | § 36C-11-1104. Trustee signatures. | [HTML] [RTF] |
G.S. 36C-11-1105 | § 36C-11-1105: Reserved for future codification purposes. | [HTML] [RTF] |
G.S. 36C-11-1106 | § 36C-11-1106. Application to existing relationships. | [HTML] [RTF] |