North Carolina Statutes

Chapter 36C North Carolina Uniform Trust Code

§ 36C-4-418 Distribution upon termination of trust

Upon termination of a trust under G.S. 36C‑4‑411(a), the trustee shall distribute the trust property as agreed by the beneficiaries. Upon termination of a trust under G.S. 36C‑4‑411(b) or (c), the trustee shall distribute the trust property in accordance with the order entered by the court. Upon termination of a trust under G.S. 36C‑4‑412(a) or G.S. 36C‑4‑414, the trustee shall distribute the trust property in a manner consistent with the purposes of the trust. (1999‑266, s. 2; 2005‑192, s. 2; 2007‑106, s. 18.)

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