36C-5-507. Personal obligations of trustee.
Trust property is not subject to personal obligations of the trustee, even if the trustee becomes insolvent or bankrupt. (2005-192, s. 2.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 36C - North Carolina Uniform Trust Code
Article 5 - Creditors' Claims; Spendthrift and Discretionary Trusts.
§ 36C-5-501 - Rights of beneficiary's creditor or assignee.
§ 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.