2010 North Carolina Code
Chapter 36C North Carolina Uniform Trust Code.
Article 10 - Liability of Trustees and Rights of Persons Dealing with Trustees.
36C-10-1005. Limitation of action against trustee.
36C‑10‑1005. Limitation of action against trustee.
(a) No proceeding against a trustee for breach of trust may be commenced more than five years after the first to occur of: (i) the removal, resignation, or death of the trustee; (ii) the termination of the beneficiary's interest in the trust; or (iii) the termination of the trust.
(b) Except as provided in subsection (a) of this section, Chapter 1 of the General Statutes governs the limitations of actions on judicial proceedings involving trusts. (2005‑192, s. 2.)
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