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North Carolina General Statutes
Chapter 36C: North Carolina Uniform Trust Code.

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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]