43-42. Conveyance of registered land in trust.
Whenever a writing, instrument or record is filed for the purpose of transferring registered land in trust, or upon any equitable condition or limitation expressed therein, or for the purpose of creating or declaring a trust or other equitable interest in such land, the particulars of the trust, condition, limitation or other equitable interest shall not be entered on the certificate, but it shall be sufficient to enter in the consolidated real property records and upon the certificates a memorial thereof by the terms "in trust" or "upon condition" or in other apt words, and to refer by number to the writing, instrument or record authorizing or creating the same. And if express power is given to sell, encumber or deal with the land in any manner, such power shall be noted upon the certificates by the term "with power to sell" or "with power to encumber," or by other apt words. (1913, c. 90, s. 19; C.S., s. 2416; 2000-140, s. 42(h).)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 43 - Land Registration
Article 6 - Method of Transfer.
§ 43-31 - When whole of land conveyed.
§ 43-32 - Conveyance of part of registered land.
§ 43-33 - Duty of register of deeds upon part conveyance.
§ 43-34 - Subdivision of registered estate.
§ 43-35 - References and cross references entered on register.
§ 43-36 - When land conveyed as security.
§ 43-37 - Owner's certificate presented with transfer.
§ 43-38 - Transfers probated; partitions; contracts.
§ 43-39 - Certified copy of order of court noted.
§ 43-40 - Production of owner's certificate required.
§ 43-41 - Registration notice to all persons.
§ 43-42 - Conveyance of registered land in trust.
§ 43-43 - Authorized transfer of equitable interests registered.
§ 43-44 - Validating conveyance by entry on margin of certificate.