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2018 North Carolina General Statutes
Chapter 46 - Partition
Article 1 - Partition of Real Property.
§ 46-12 - Owelty from infant's share due at majority.
Universal Citation: NC Gen Stat § 46-12 (2018)
46-12. Owelty from infant's share due at majority.
When a minor to whom a more valuable dividend shall fall is charged with the payment of any sum, the money shall not be payable until such minor arrives at the age of 18 years, but the general guardian, if there be one, must pay such sum whenever assets shall come into his hands, and in case the general guardian has assets which he did not so apply, he shall pay out of his own proper estate any interest that may have accrued in consequence of such failure. (1868-9, c. 122, s. 9; Code, s. 1900; Rev., s. 2497; C.S., s. 3224; 1971, c. 1231, s. 1.)
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