36C-4-401.2. Creation of trust by a court.
A court may create or establish a trust by judgment or decree, including a trust pursuant to section 1396p(d)(4) of Title 42 of the United States Code, upon petition of an interested party in accordance with the provisions of this Chapter or in any other matter properly before the court. (2009-267, s. 3; 2010-97, s. 5(a).)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 36C - North Carolina Uniform Trust Code
Article 4 - Creation, Validity, Modification, and Termination of Trust.
§ 36C-4-401 - Methods of creating 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-4-405 - 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-4-414 - 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.