North Carolina General Statutes
Chapter 36C - North Carolina Uniform Trust Code
Article 8B - North Carolina Uniform Trust Decanting Act.

§ 36C-8B-1 - Short title. - 36C-8B-1. Short title. This Article shall be known and may...

§ 36C-8B-2 - Definitions. - 36C-8B-2. Definitions. The following definitions apply to this Article, unless...

§ 36C-8B-3 - Scope. - 36C-8B-3. Scope. (a) Except as otherwise provided in this section,...

§ 36C-8B-4 - Fiduciary duty. - 36C-8B-4. Fiduciary duty. (a) In exercising the decanting power, an...

§ 36C-8B-5 - Application; governing law. - 36C-8B-5. Application; governing law. This Article shall apply to a...

§ 36C-8B-6 - Reasonable reliance. - 36C-8B-6. Reasonable reliance. A trustee or other person that reasonably...

§ 36C-8B-7 - Notice; exercise of decanting power. - 36C-8B-7. Notice; exercise of decanting power. (a) Except as otherwise...

§ 36C-8B-9 - Court involvement. - 36C-8B-9. Court involvement. (a) An authorized fiduciary, a beneficiary, or...

§ 36C-8B-10 - Formalities. - 36C-8B-10. Formalities. An exercise of the decanting power shall be...

§ 36C-8B-11 - Decanting power. - 36C-8B-11. Decanting power. (a) The following definitions apply to this...

§ 36C-8B-13 - Trust for beneficiary with disability. - 36C-8B-13. Trust for beneficiary with disability. (a) The following definitions...

§ 36C-8B-15 - Trust limitation on decanting. - 36C-8B-15. Trust limitation on decanting. (a) An authorized fiduciary shall...

§ 36C-8B-16 - Change in compensation. - 36C-8B-16. Change in compensation. (a) If a first trust specifies...

§ 36C-8B-17 - Relief from liability and indemnification. - 36C-8B-17. Relief from liability and indemnification. (a) Except as otherwise...

§ 36C-8B-18 - Removal or replacement of authorized fiduciary. - 36C-8B-18. Removal or replacement of authorized fiduciary. An authorized fiduciary...

§ 36C-8B-19 - Tax-related limitations. - 36C-8B-19. Tax-related limitations. (a) The following definitions apply in this...

§ 36C-8B-20 - Duration of second trust. - 36C-8B-20. Duration of second trust. (a) Subject to subsection (b)...

§ 36C-8B-21 - Need to distribute not required. - 36C-8B-21. Need to distribute not required. An authorized fiduciary may...

§ 36C-8B-22 - Saving provision. - 36C-8B-22. Saving provision. (a) If exercise of the decanting power...

§ 36C-8B-24 - Terms of second trust. - 36C-8B-24. Terms of second trust. A reference in this Chapter...

§ 36C-8B-25 - Settlor. - 36C-8B-25. Settlor. (a) For the purposes of the laws of...

§ 36C-8B-26 - Later-discovered property. - 36C-8B-26. Later-discovered property. (a) Except as otherwise provided in subsection...