36C-8-806. Trustee's skills.
A trustee who has special skills or expertise, or is named trustee in reliance upon the trustee's representation that the trustee has special skills or expertise, shall use those special skills or expertise. (1999-215, s. 1; 2005-192, s. 2.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 36C - North Carolina Uniform Trust Code
Article 8 - Duties and Powers of Trustee.
§ 36C-8-801 - Duty to administer trust.
§ 36C-8-802 - Duty of loyalty.
§ 36C-8-804 - Prudent administration.
§ 36C-8-805 - Cost of administration.
§ 36C-8-806 - Trustee's skills.
§ 36C-8-807 - Delegation by trustee.
§ 36C-8-808 - Powers of a settlor to take certain actions with respect to the trust.
§ 36C-8-809 - Control and protection of trust property.
§ 36C-8-810 - Record keeping and identification of trust property.
§ 36C-8-811 - Enforcement and defense of claims.
§ 36C-8-812 - Collecting trust property.
§ 36C-8-813 - Duty to inform and report.
§ 36C-8-814 - Discretionary powers; tax savings.
§ 36C-8-815 - General powers of trustee.
§ 36C-8-816 - Specific powers of trustee.