N.C. Gen. Stat. § 36C-8A-10

Resignation of power holder.

Last amended: 2012Year: 2026Length: 67 wordsSubsections: 2Official source
§ 36C-8A-10. Resignation of power holder. (a) A power holder may resign upon either of the following conditions: (1) Upon at least 30 days' notice in writing to the qualified beneficiaries, the settlor, if living, and all trustees. (2) With the approval of the court. (b) In approving a resignation, the court may issue orders and impose conditions reasonably necessary for the protection of the trust property.
N.C. Gen. Stat. § 36C-8A-10: Resignation of power holder. | Justis AI