Definitions and Fiduciary Duties; Conversion to Unitrust; Judicial Control of Discretionary Power.

  1. Law
  2. North Carolina General Statutes
  3. Uniform Principal and Income Act
  4. Definitions and Fiduciary Duties; Conversion to Unitrust; Judicial Control of Discretionary Power.

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Section
37A-1-101

Short title.

Section
37A-1-102

Definitions.

Section
37A-1-103

Fiduciary duties; general principles.

Section
37A-1-104

Trustee's power to adjust.

Section
37A-1-104.1

Definitions.

Section
37A-1-104.2

Conversion in trustee's discretion without court approval.

Section
37A-1-104.3

Conversion with court approval.

Section
37A-1-104.4

Determination of unitrust amount.

Section
37A-1-104.5

Matters in trustee's discretion.

Section
37A-1-104.6

No effect on principal distributions.

Sections
37A-1-104.7

Repealed by Session Laws 2007-106, s. 49.1, effective October 1, 2007.

Section
37A-1-104.8

No liability on part of trustee or disinterested person acting in good faith.

Section
37A-1-104.9

Applicability.

Section
37A-1-104.21

Definitions.

Section
37A-1-104.22

Determination of unitrust amount.

Section
37A-1-104.23

Effect of distribution of unitrust amount.

Section
37A-1-104.24

Change or conversion of unitrust amount.

Section
37A-1-104.25

Determination of character of unitrust amount.

Section
37A-1-104.26

Unitrust amount in excess of a five percent payout.

Section
37A-1-105

Judicial control of discretionary power.