N.C. Gen. Stat. § 36C-4-419

Effect of inalienable interest on modification or termination.

Last amended: 2006Year: 2026Length: 62 wordsOfficial source
§ 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.
N.C. Gen. Stat. § 36C-4-419: Effect of inalienable interest on modification or termination. | Justis AI