N.C. Gen. Stat. § 36C-4-404

Trust purposes.

Last amended: 2005Year: 2026Length: 40 wordsOfficial source
§ 36C-4-404. Trust purposes. A trust may be created only to the extent that its purposes are lawful, not contrary to public policy, and possible to achieve. A trust and its terms must be for the benefit of its beneficiaries.
N.C. Gen. Stat. § 36C-4-404: Trust purposes. | Justis AI