2014 North Carolina General Statutes
Chapter 36C - North Carolina Uniform Trust Code.
Article 4 - Creation, Validity, Modification, and Termination of Trust.
§ 36C-4-419 - Effect of inalienable interest on modification or termination.
36C-4-419. Effect of inalienable interest on modification or termination.
The court, in exercising its discretion to modify or terminate an irrevocable trust under G.S. 36C-4-411, 36C-4-412, or 36C-4-414 shall consider provisions making the interest of a beneficiary inalienable, including those described in Article 5, but the court is not precluded from the exercise of that discretion solely because of such provisions. (2005-192, s. 2; 2006-259, s. 13(i).)
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