More than one power holder.

  1. Law
  2. North Carolina General Statutes
  3. North Carolina Uniform Trust Code
  4. Powers, Duties, and Liability of a Power Holder Other Than a Trustee; Duty and Liability of a Trustee With Respect to Power Holder's Actions.
  5. More than one power holder.

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36C-8A-9. More than one power holder.

When there is more than one power holder authorized to act, and they are unable to reach a unanimous decision, they may act by majority decision. Unanimity is required when only two are authorized to act.



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