N.C. Gen. Stat. § 41-75
Inapplicability of Article.
§ 41-75. Inapplicability of Article.
This Article does not apply to any of the following:
(1) Executors or trustees in their representative capacity.
(2) Partnerships governed by Chapter 59 of the General Statutes.
(3) Business entities.
(4) Accounts established under G.S. 41-2.1 or G.S. 41-2.2 to the extent inconsistent with the provisions of this Article.
(5) Life estates.