North Carolina Statutes

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

Article 1 - North Carolina Community Trust for Persons with Severe Chronic Disabilities.

  • § 36D-1   Title; findings
    (a) This Article shall be known and may be cited as the "North Carolina Community Trust for Persons With Severe Chronic Disabilities Act". (b) The...
  • § 36D-2   Definitions
    As used in this Article, unless the context clearly requires otherwise: (1) "Beneficiary" means any person with a severe chronic disability who has qualified as...
  • § 36D-3   Scope
    This Article applies to every community trust established in this State. In addition to meeting the other requirements of this Article, every board that administers...
  • § 36D-4   Administration; powers and duties
    (a) Every community trust shall be administered by a board. The board shall be comprised of no less than nine and no more than 21...
  • § 36D-5   Accountability
    Along with the annual report filed with the Secretary of State under Chapter 55A of the General Statutes, the community trust shall file an itemized...
  • § 36D-6   Gifts, surplus trust funds
    The community trust may accept gifts and use surplus trust funds for the purpose of qualifying as beneficiary any indigent person whose family members lack...
  • § 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...
  • § 36D-8   Irrevocability; impossibility of fulfillment
    A community trust for persons with severe chronic disabilities is irrevocable, but the trustees in their sole discretion may provide compensation for any contribution to...
  • § 36D-9   Beneficiary's interest in trust not asset for income eligibility determination
    Notwithstanding any provisions of Chapter 108A of the General Statutes, the beneficiary's interest in any community trust is not considered to be an asset for...
  • § 36D-10   Trust not subject to law against perpetuities; restraints on alienation
    A community trust shall not be subject to or held to be in violation of any principle of law against perpetuities or restraints on alienation...
  • § 36D-11   Settlement; trustee limitations
    The community trust shall settle a community trust by filing a final accounting in the superior court. In addition, at any time before the settlement...