North Carolina § 36C-5-501 - Rights of beneficiary's creditor or assignee.
Full text of North Carolina North Carolina General Statutes § 36C-5-501 — Rights of beneficiary's creditor or assignee., with citation guidance and answers to common questions.
§ 36C-5-501. Rights of beneficiary's creditor or assignee.
Except as provided in subsection (b) of this section, the court may authorize a creditor or assignee of the beneficiary to reach the beneficiary's interest by attachment of present or future distributions to or for the benefit of the beneficiary or other means. The court may limit the award to that relief as is appropriate under the circumstances. Subsection (a) of this section shall not apply, and a trustee shall have no liability to any creditor of a beneficiary for any distributions made to or for the benefit of the beneficiary, to the extent that a beneficiary's interest is protected or restricted by any of the following: A spendthrift provision. A discretionary trust interest as defined in G.S. 36C-5-504(a)(2). A protective trust interest as described in G.S. 36C-5-508. History (2005-192, s. 2; 2007-106, s. 19.)
Source: official North Carolina text · Last verified 2026-08-27
Frequently Asked Questions About North Carolina § 36C-5-501
What does North Carolina General Statutes § 36C-5-501 cover?
Section 36C-5-501 ("Rights of beneficiary's creditor or assignee.") 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-5-501?
A common citation format is "North Carolina General Statutes § 36C-5-501" (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-5-501 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.