2010 North Carolina Code
Chapter 36C North Carolina Uniform Trust Code.
Article 8 - Duties and Powers of Trustee.
36C-8-815. General powers of trustee.
36C‑8‑815. General powers of trustee.
(a) A trustee, without authorization by the court, may exercise any of the following:
(1) Powers conferred by the terms of the trust.
(2) Except as limited by the terms of the trust:
a. All powers over the trust property that an unmarried competent owner has over individually owned property;
b. Any other powers appropriate to achieve the proper investment, management, administration, or distribution of the trust property; and
c. Any other powers conferred by this Chapter.
(b) No provision of this section shall relieve a trustee of the fiduciary duties under this Article. (2005‑192, s. 2; 2006‑259, s. 13(k).)
Disclaimer: These codes may not be the most recent version. North Carolina may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
