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North Carolina General Statutes
Chapter 36C: North Carolina Uniform Trust Code.

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Article 1 - General Provisions and Definitions. [RTF] [PDF]
G.S. 36C-1-101 36C-1-101. Short title.[RTF] [PDF]
G.S. 36C-1-102 36C-1-102. Scope.[RTF] [PDF]
G.S. 36C-1-103 36C-1-103. Definitions.[RTF] [PDF]
G.S. 36C-1-104 36C-1-104. Knowledge.[RTF] [PDF]
G.S. 36C-1-105 36C-1-105. Default and mandatory rules.[RTF] [PDF]
G.S. 36C-1-106 36C-1-106. Common law of trusts; principles of equity.[RTF] [PDF]
G.S. 36C-1-107 36C-1-107. Governing law.[RTF] [PDF]
G.S. 36C-1-108 36C-1-108. Principal place of administration.[RTF] [PDF]
G.S. 36C-1-109 36C-1-109. Methods and waiver of notice.[RTF] [PDF]
G.S. 36C-1-110 36C-1-110. Others treated as qualified beneficiaries.[RTF] [PDF]
G.S. 36C-1-111 36C-1-111. Nonjudicial settlement agreements.[RTF] [PDF]
G.S. 36C-1-112 36C-1-112. Rules of construction.[RTF] [PDF]
G.S. 36C-1-113 36C-1-113. Construction of certain formula clauses applicable to estates of decedents dying in calendar year 2010.[RTF] [PDF]
G.S. 36C-1-114 36C-1-114. Insurable interest of trustee.[RTF] [PDF]
Article 2 - Judicial Proceedings. [RTF] [PDF]
G.S. 36C-2-201 36C-2-201. Role of court in administration of trust.[RTF] [PDF]
G.S. 36C-2-202 36C-2-202. Jurisdiction over trustee and beneficiary.[RTF] [PDF]
G.S. 36C-2-203 36C-2-203. Subject matter jurisdiction.[RTF] [PDF]
G.S. 36C-2-204 36C-2-204. Venue.[RTF] [PDF]
G.S. 36C-2-205 36C-2-205. Commencement of proceedings, pleadings, consolidation, and joinder.[RTF] [PDF]
G.S. 36C-2-206 36C-2-206. Representation of parties.[RTF] [PDF]
G.S. 36C-2-207 36C-2-207. Waiver of notice.[RTF] [PDF]
G.S. 36C-2-208 36C-2-208. Accounting to clerk.[RTF] [PDF]
G.S. 36C-2-209 36C-2-209. Qualification and accounting of trustee of a testamentary trust.[RTF] [PDF]
Article 3 - Representation. [RTF] [PDF]
G.S. 36C-3-301 36C-3-301. Representation: basic effect.[RTF] [PDF]
G.S. 36C-3-302 36C-3-302. Representation by holder of power of revocation or general power of appointment.[RTF] [PDF]
G.S. 36C-3-303 36C-3-303. Representation by fiduciaries, parents, and other persons.[RTF] [PDF]
G.S. 36C-3-304 36C-3-304. Representation by person having substantially identical interest.[RTF] [PDF]
G.S. 36C-3-305 36C-3-305. Appointment of representative; scope of representation.[RTF] [PDF]
Article 4 - Creation, Validity, Modification, and Termination of Trust. [RTF] [PDF]
G.S. 36C-4-401 36C-4-401. Methods of creating trust.[RTF] [PDF]
G.S. 36C-4-401.1 36C-4-401.1. Interest of trustee as beneficiary of life insurance or other death benefit sufficient to support inter vivos or testamentary trust.[RTF] [PDF]
G.S. 36C-4-401.2 36C-4-401.2. Creation of trust by a court.[RTF] [PDF]
G.S. 36C-4-402 36C-4-402. Requirements for creation.[RTF] [PDF]
G.S. 36C-4-403 36C-4-403. Trusts created in other jurisdictions.[RTF] [PDF]
G.S. 36C-4-404 36C-4-404. Trust purposes.[RTF] [PDF]
G.S. 36C-4-405 36C-4-405. Charitable purposes.[RTF] [PDF]
G.S. 36C-4-405.1 36C-4-405.1. Enforcement of charitable gift or trust.[RTF] [PDF]
G.S. 36C-4-405.2 36C-4-405.2. Spending rules applicable to charitable trusts.[RTF] [PDF]
G.S. 36C-4-406 36C-4-406. Creation of trust induced by fraud, duress, or undue influence.[RTF] [PDF]
G.S. 36C-4-407 36C-4-407. Evidence of oral trust.[RTF] [PDF]
G.S. 36C-4-408 36C-4-408. Trust for care of animal.[RTF] [PDF]
G.S. 36C-4-409 36C-4-409. Noncharitable trust without ascertainable beneficiary.[RTF] [PDF]
G.S. 36C-4-410 36C-4-410. Modification or termination of trust; proceedings for approval or disapproval.[RTF] [PDF]
G.S. 36C-4-411 36C-4-411. Modification or termination of noncharitable irrevocable trust by consent.[RTF] [PDF]
G.S. 36C-4-412 36C-4-412. Modification or termination because of unanticipated circumstances or inability to administer trust effectively.[RTF] [PDF]
G.S. 36C-4-413 36C-4-413. Cy pres.[RTF] [PDF]
G.S. 36C-4-414 36C-4-414. Modification or termination of uneconomic trust.[RTF] [PDF]
G.S. 36C-4-415 36C-4-415. Reformation to correct mistakes.[RTF] [PDF]
G.S. 36C-4-416 36C-4-416. Modification to achieve settlor's tax objectives.[RTF] [PDF]
G.S. 36C-4-417 36C-4-417. Combination and division of trusts.[RTF] [PDF]
G.S. 36C-4-418 36C-4-418. Distribution upon termination of trust.[RTF] [PDF]
G.S. 36C-4-419 36C-4-419. Effect of inalienable interest on modification or termination.[RTF] [PDF]
Article 4A - Tax Status of Charitable Trusts. [RTF] [PDF]
G.S. 36C-4A-1 36C-4A-1. Prohibited transactions.[RTF] [PDF]
G.S. 36C-4A-2 36C-4A-2. Reformation of charitable remainder trust.[RTF] [PDF]
Article 4B - Charitable Remainder Trust Administration Act. [RTF] [PDF]
G.S. 36C-4B-1 36C-4B-1. Short title.[RTF] [PDF]
G.S. 36C-4B-2 36C-4B-2. General rule.[RTF] [PDF]
G.S. 36C-4B-3 36C-4B-3. Definitions.[RTF] [PDF]
G.S. 36C-4B-4 36C-4B-4. Administrative provisions applicable to both charitable remainder annuity trusts and charitable remainder unitrusts.[RTF] [PDF]
G.S. 36C-4B-5 36C-4B-5. Administrative provisions applicable to charitable remainder trusts only.[RTF] [PDF]
G.S. 36C-4B-6 36C-4B-6. Administrative provisions applicable to charitable remainder unitrusts only.[RTF] [PDF]
G.S. 36C-4B-7 36C-4B-7. Interpretation.[RTF] [PDF]
Article 5 - Creditors' Claims; Spendthrift and Discretionary Trusts. [RTF] [PDF]
G.S. 36C-5-501 36C-5-501. Rights of beneficiary's creditor or assignee.[RTF] [PDF]
G.S. 36C-5-502 36C-5-502. Spendthrift provision.[RTF] [PDF]
G.S. 36C-5-503 36C-5-503. Exceptions to spendthrift provision.[RTF] [PDF]
G.S. 36C-5-504 36C-5-504. Discretionary trusts; effect of standard.[RTF] [PDF]
G.S. 36C-5-505 36C-5-505. Creditor's claim against settlor.[RTF] [PDF]
G.S. 36C-5-506 36C-5-506. Overdue distribution.[RTF] [PDF]
G.S. 36C-5-507 36C-5-507. Personal obligations of trustee.[RTF] [PDF]
G.S. 36C-5-508 36C-5-508. Protective trusts.[RTF] [PDF]
Article 6 - Revocable Trusts. [RTF] [PDF]
G.S. 36C-6-601 36C-6-601. Capacity of settlor of revocable trust.[RTF] [PDF]
G.S. 36C-6-602 36C-6-602. Revocation or amendment of revocable trust.[RTF] [PDF]
G.S. 36C-6-602.1 36C-6-602.1. Exercise of settlor's powers with respect to revocable trust by agent or guardian.[RTF] [PDF]
G.S. 36C-6-603 36C-6-603. Settlor's control of revocable trust.[RTF] [PDF]
G.S. 36C-6-604 36C-6-604. Limitation on action contesting validity of revocable trust; distribution of trust property.[RTF] [PDF]
G.S. 36C-6-605 36C-6-605. Failure of disposition of property of a trust by lapse or otherwise.[RTF] [PDF]
G.S. 36C-6-606 36C-6-606. Revocation of provisions in revocable trust by divorce or annulment; revival.[RTF] [PDF]
G.S. 36C-6-607 36C-6-607. Modification or termination of a revocable trust.[RTF] [PDF]
Article 7 - Office of Trustee. [RTF] [PDF]
G.S. 36C-7-701 36C-7-701. Accepting or declining trusteeship.[RTF] [PDF]
G.S. 36C-7-702 36C-7-702. Trustee's bond.[RTF] [PDF]
G.S. 36C-7-703 36C-7-703. Cotrustees.[RTF] [PDF]
G.S. 36C-7-704 36C-7-704. Vacancy in trusteeship; appointment of successor.[RTF] [PDF]
G.S. 36C-7-705 36C-7-705. Resignation of trustee.[RTF] [PDF]
G.S. 36C-7-706 36C-7-706. Removal of trustee.[RTF] [PDF]
G.S. 36C-7-707 36C-7-707. Delivery of property by former trustee.[RTF] [PDF]
G.S. 36C-7-708 36C-7-708. Compensation of trustee.[RTF] [PDF]
G.S. 36C-7-709 36C-7-709. Reimbursement of expenses.[RTF] [PDF]
Article 8 - Duties and Powers of Trustee. [RTF] [PDF]
G.S. 36C-8-801 36C-8-801. Duty to administer trust.[RTF] [PDF]
G.S. 36C-8-802 36C-8-802. Duty of loyalty.[RTF] [PDF]
G.S. 36C-8-803 36C-8-803. Impartiality.[RTF] [PDF]
G.S. 36C-8-804 36C-8-804. Prudent administration.[RTF] [PDF]
G.S. 36C-8-805 36C-8-805. Cost of administration.[RTF] [PDF]
G.S. 36C-8-806 36C-8-806. Trustee's skills.[RTF] [PDF]
G.S. 36C-8-807 36C-8-807. Delegation by trustee.[RTF] [PDF]
G.S. 36C-8-808 36C-8-808. Powers of a settlor to take certain actions with respect to the trust.[RTF] [PDF]
G.S. 36C-8-809 36C-8-809. Control and protection of trust property.[RTF] [PDF]
G.S. 36C-8-810 36C-8-810. Record keeping and identification of trust property.[RTF] [PDF]
G.S. 36C-8-811 36C-8-811. Enforcement and defense of claims.[RTF] [PDF]
G.S. 36C-8-812 36C-8-812. Collecting trust property.[RTF] [PDF]
G.S. 36C-8-813 36C-8-813. Duty to inform and report.[RTF] [PDF]
G.S. 36C-8-814 36C-8-814. Discretionary powers; tax savings.[RTF] [PDF]
G.S. 36C-8-815 36C-8-815. General powers of trustee.[RTF] [PDF]
G.S. 36C-8-816 36C-8-816. Specific powers of trustee.[RTF] [PDF]
G.S. 36C-8-816.1 36C-8-816.1. Trustee's special power to appoint to a second trust.[RTF] [PDF]
G.S. 36C-8-817 36C-8-817. Distribution upon termination.[RTF] [PDF]
G.S. 36C-8-818 36C-8-818. Notice of deceased Medicaid beneficiaries.[RTF] [PDF]
Article 8A - Powers, Duties, and Liability of a Power Holder Other Than a Trustee; Duty and Liability of a Trustee With Respect to Power Holder's Actions. [RTF] [PDF]
G.S. 36C-8A-1 36C-8A-1. Definition.[RTF] [PDF]
G.S. 36C-8A-2 36C-8A-2. Powers of a power holder.[RTF] [PDF]
G.S. 36C-8A-3 36C-8A-3. Duty and liability of power holder.[RTF] [PDF]
G.S. 36C-8A-4 36C-8A-4. Duty and liability of trustee.[RTF] [PDF]
G.S. 36C-8A-5 36C-8A-5. Compensation and reimbursement of expenses of power holder.[RTF] [PDF]
G.S. 36C-8A-6 36C-8A-6. Jurisdiction over power holder.[RTF] [PDF]
G.S. 36C-8A-7 36C-8A-7. Accepting or declining the appointment as power holder.[RTF] [PDF]
G.S. 36C-8A-8 36C-8A-8. Powers of trustee in the absence of a power holder.[RTF] [PDF]
G.S. 36C-8A-9 36C-8A-9. More than one power holder.[RTF] [PDF]
G.S. 36C-8A-10 36C-8A-10. Resignation of power holder.[RTF] [PDF]
G.S. 36C-8A-11 36C-8A-11. Removal of power holder.[RTF] [PDF]
Article 9 - Uniform Prudent Investor Act. [RTF] [PDF]
G.S. 36C-9-901 36C-9-901. Prudent investor rule; applicability.[RTF] [PDF]
G.S. 36C-9-902 36C-9-902. Standard of care; portfolio strategy; risk and return objectives.[RTF] [PDF]
G.S. 36C-9-903 36C-9-903. Diversification.[RTF] [PDF]
G.S. 36C-9-903.1 36C-9-903.1. Duties as to life insurance.[RTF] [PDF]
G.S. 36C-9-904 36C-9-904. Duties at inception of trusteeship.[RTF] [PDF]
G.S. 36C-9-905 36C-9-905. Reviewing compliance.[RTF] [PDF]
G.S. 36C-9-906 36C-9-906. Effect on charitable remainder trusts.[RTF] [PDF]
G.S. 36C-9-907 36C-9-907. Short title.[RTF] [PDF]
Article 10 - Liability of Trustees and Rights of Persons Dealing with Trustees. [RTF] [PDF]
G.S. 36C-10-1001 36C-10-1001. Remedies for breach of trust.[RTF] [PDF]
G.S. 36C-10-1002 36C-10-1002. Damages for breach of trust.[RTF] [PDF]
G.S. 36C-10-1003 36C-10-1003. Liability in absence of breach.[RTF] [PDF]
G.S. 36C-10-1004 36C-10-1004. Attorneys' fees and costs.[RTF] [PDF]
G.S. 36C-10-1005 36C-10-1005. Limitation of action against trustee.[RTF] [PDF]
G.S. 36C-10-1006 36C-10-1006. Reliance on trust instrument.[RTF] [PDF]
G.S. 36C-10-1007 36C-10-1007. Event affecting administration or distribution.[RTF] [PDF]
G.S. 36C-10-1008 36C-10-1008. Exculpation of trustee.[RTF] [PDF]
G.S. 36C-10-1009 36C-10-1009. Beneficiary's consent, release, or ratification.[RTF] [PDF]
G.S. 36C-10-1010 36C-10-1010. Limitation on personal liability of trustee.[RTF] [PDF]
G.S. 36C-10-1011 36C-10-1011. Interest as general partner.[RTF] [PDF]
G.S. 36C-10-1012 36C-10-1012. Protection of person dealing with trustee.[RTF] [PDF]
G.S. 36C-10-1013 36C-10-1013. Certification of trust.[RTF] [PDF]
Article 11 - Miscellaneous Provisions. [RTF] [PDF]
G.S. 36C-11-1101 36C-11-1101. Uniformity of application and construction.[RTF] [PDF]
G.S. 36C-11-1102 36C-11-1102. Electronic records and signatures.[RTF] [PDF]
G.S. 36C-11-1103 36C-11-1103. Severability clause.[RTF] [PDF]
G.S. 36C-11-1104 36C-11-1104. Trustee signatures.[RTF] [PDF]
G.S. 36C-11-1105 36C-11-1105: Reserved for future codification purposes.[RTF] [PDF]
G.S. 36C-11-1106 36C-11-1106. Application to existing relationships.[RTF] [PDF]