North Carolina Statutes

Chapter 36D North Carolina Community Trust for Persons with Severe Chronic Disabilities

§ 36D-7 Special requests on behalf of beneficiary

The community trust may agree to fulfill any special requests made on behalf of a beneficiary as long as the requests are consistent with this Article and provided that an adequate contribution has been made for this purpose on behalf of a beneficiary. The community trust may agree to serve as trustee for any individual trust created on behalf of a beneficiary, regardless of whether the trust is revocable or irrevocable, has one or more remaindermen or contingent beneficiaries, or any other condition, so long as the individual trust is consistent with the purposes of this Article. (1991 (Reg. Sess., 1992), c. 768, s. 1; 2005‑192, s. 3.)

Sections:  Previous  36D-1  36D-2  36D-3  36D-4  36D-5  36D-6  36D-7  36D-8  36D-9  36D-10  36D-11  Next