36C-6-603. Settlor's control of revocable trust.
(a) While a trust is revocable, rights of the beneficiaries are subject to the control of, and the duties of the trustee are owed exclusively to, the settlor. If a trustee is a settlor, the trustee's actions are presumed to be taken at the direction of the settlor.
(b) If a revocable trust has more than one settlor, the duties of the trustee are owed to all of the settlors. (2005-192, s. 2; 2007-106, s. 24.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 36C - North Carolina Uniform Trust Code
§ 36C-6-601 - Capacity of settlor of revocable trust.
§ 36C-6-602 - Revocation or amendment of revocable trust.
§ 36C-6-602.1 - Exercise of settlor's powers with respect to revocable trust by agent or guardian.
§ 36C-6-603 - Settlor's control of revocable trust.
§ 36C-6-605 - Failure of disposition of property of a trust by lapse or otherwise.
§ 36C-6-606 - Revocation of provisions in revocable trust by divorce or annulment; revival.
§ 36C-6-607 - Modification or termination of a revocable trust.