North Carolina § 36C-8A-7 - Accepting or declining the appointment as power holder.
Full text of North Carolina North Carolina General Statutes § 36C-8A-7 — Accepting or declining the appointment as power holder., with citation guidance and answers to common questions.
§ 36C-8A-7. Accepting or declining the appointment as power holder.
A person designated as a power holder accepts the appointment to serve as a power holder: By substantially complying with a method of acceptance provided in the terms of a trust; or If the terms of a trust do not provide a method or the method provided in the terms of a trust is not expressly made exclusive, by exercising powers or performing duties as a power holder or otherwise indicating acceptance of the appointment to serve as a power holder. A person designated as a power holder may reject the appointment to serve as a power holder. A trustee may give written notice to a power holder requesting acceptance of the appointment as power holder. A power holder who does not accept such appointment within 120 days after receipt of such notice is considered to have rejected the appointment to serve as a power holder. History (2012-18, s. 3.4.)
Source: official North Carolina text · Last verified 2026-08-27
Frequently Asked Questions About North Carolina § 36C-8A-7
What does North Carolina General Statutes § 36C-8A-7 cover?
Section 36C-8A-7 ("Accepting or declining the appointment as power holder.") is part of the North Carolina General Statutes, the codified statutory law of North Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite North Carolina § 36C-8A-7?
A common citation format is "North Carolina General Statutes § 36C-8A-7" (North Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of North Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the North Carolina official source linked on this page or consult a licensed North Carolina attorney.
How does North Carolina § 36C-8A-7 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in North Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in North Carolina.