State Codes and Statutes

Statutes > North-carolina > Chapter_36C > GS_36C-4-419

§ 36C‑4‑419. Effect of inalienable interest on modification or termination.

The court, in exercising itsdiscretion to modify or terminate an irrevocable trust under G.S. 36C‑4‑411,36C‑4‑412, or 36C‑4‑414 shall consider provisionsmaking the interest of a beneficiary inalienable, including those described inArticle 5, but the court is not precluded from the exercise of that discretionsolely because of such provisions. (2005‑192, s. 2; 2006‑259, s. 13(i).)

State Codes and Statutes

Statutes > North-carolina > Chapter_36C > GS_36C-4-419

§ 36C‑4‑419. Effect of inalienable interest on modification or termination.

The court, in exercising itsdiscretion to modify or terminate an irrevocable trust under G.S. 36C‑4‑411,36C‑4‑412, or 36C‑4‑414 shall consider provisionsmaking the interest of a beneficiary inalienable, including those described inArticle 5, but the court is not precluded from the exercise of that discretionsolely because of such provisions. (2005‑192, s. 2; 2006‑259, s. 13(i).)


State Codes and Statutes

State Codes and Statutes

Statutes > North-carolina > Chapter_36C > GS_36C-4-419

§ 36C‑4‑419. Effect of inalienable interest on modification or termination.

The court, in exercising itsdiscretion to modify or terminate an irrevocable trust under G.S. 36C‑4‑411,36C‑4‑412, or 36C‑4‑414 shall consider provisionsmaking the interest of a beneficiary inalienable, including those described inArticle 5, but the court is not precluded from the exercise of that discretionsolely because of such provisions. (2005‑192, s. 2; 2006‑259, s. 13(i).)