North Carolina General Statutes
Chapter 37A - Uniform Principal and Income Act
Article 1 - Definitions and Fiduciary Duties; Conversion to Unitrust; Judicial Control of Discretionary Power.

§ 37A-1-101 - Short title. - 37A-1-101. Short title. This Chapter may be cited as the...

§ 37A-1-102 - Definitions. - 37A-1-102. Definitions. The following definitions apply in this Chapter: (1)...

§ 37A-1-103 - Fiduciary duties; general principles. - 37A-1-103. Fiduciary duties; general principles. (a) In allocating receipts and...

§ 37A-1-104 - Trustee's power to adjust. - 37A-1-104. Trustee's power to adjust. (a) A trustee may adjust...

§ 37A-1-104.1 - Definitions. - 37A-1-104.1. Definitions. The following definitions apply to this Part: (1)...

§ 37A-1-104.2 - Conversion in trustee's discretion without court approval. - 37A-1-104.2. Conversion in trustee's discretion without court approval. (a) Any...

§ 37A-1-104.3 - Conversion with court approval. - 37A-1-104.3. Conversion with court approval. (a) If any trustee desires...

§ 37A-1-104.4 - Determination of unitrust amount. - 37A-1-104.4. Determination of unitrust amount. (a) The fair market value...

§ 37A-1-104.5 - Matters in trustee's discretion. - 37A-1-104.5. Matters in trustee's discretion. In administering a total return...

§ 37A-1-104.6 - No effect on principal distributions. - 37A-1-104.6. No effect on principal distributions. Conversion to a total...

§ 37A-1-104.8 - No liability on part of trustee or disinterested person acting in good faith. - 37A-1-104.8. No liability on part of trustee or disinterested person...

§ 37A-1-104.9 - Applicability. - 37A-1-104.9. Applicability. This Part shall apply to all trusts in...

§ 37A-1-104.21 - Definitions. - 37A-1-104.21. Definitions. (a) An "express total return unitrust" means a...

§ 37A-1-104.22 - Determination of unitrust amount. - 37A-1-104.22. Determination of unitrust amount. (a) The unitrust amount to...

§ 37A-1-104.23 - Effect of distribution of unitrust amount. - 37A-1-104.23. Effect of distribution of unitrust amount. The distribution from...

§ 37A-1-104.24 - Change or conversion of unitrust amount. - 37A-1-104.24. Change or conversion of unitrust amount. (a) The terms...

§ 37A-1-104.25 - Determination of character of unitrust amount. - 37A-1-104.25. Determination of character of unitrust amount. Unless the terms...

§ 37A-1-104.26 - Unitrust amount in excess of a five percent payout. - 37A-1-104.26. Unitrust amount in excess of a five percent payout....

§ 37A-1-105 - Judicial control of discretionary power. - 37A-1-105. Judicial control of discretionary power. (a) The court shall...