N.C. Gen. Stat. § 36C-10-1001

Remedies for breach of trust.

Last amended: 2005Year: 2026Length: 202 wordsSubsections: 3Official source
§ 36C-10-1001. Remedies for breach of trust. (a) A violation by a trustee of a duty the trustee owes under a trust is a breach of trust. (b) To remedy a breach of trust that has occurred or may occur, the court may: (1) Compel the trustee to perform the trustee's duties; (2) Enjoin the trustee from committing a breach of trust; (3) Compel the trustee to redress a breach of trust by paying money, restoring property, or other means; (4) Order a trustee to account; (5) Appoint a special fiduciary to take possession of the trust property and administer the trust; (6) Suspend the trustee; (7) Remove the trustee as provided in G.S. 36C-7-706; (8) Reduce or deny compensation to the trustee; (9) Subject to G.S. 36C-10-1012, void an act of the trustee, impose a lien or a constructive trust on trust property, or trace trust property wrongfully disposed of and recover the property or its proceeds; or (10) Order any other appropriate relief. (c) The court may, for cause shown, relieve a trustee from liability for any breach of trust, or wholly or partly excuse a trustee who has acted honestly and reasonably from liability for a breach of trust.
N.C. Gen. Stat. § 36C-10-1001: Remedies for breach of trust. | Justis AI