North Carolina § 36C-8-817 - Distribution upon termination.
Full text of North Carolina North Carolina General Statutes § 36C-8-817 — Distribution upon termination., with citation guidance and answers to common questions.
§ 36C-8-817. Distribution upon termination.
Upon the occurrence of an event terminating or partially terminating a trust, the trustee shall proceed expeditiously to distribute the trust property to the persons entitled to it, subject to the right of the trustee to retain a reasonable reserve for the payment of debts, expenses, and taxes. History (2005-192, s. 2.)
Frequently Asked Questions About North Carolina § 36C-8-817
What does North Carolina General Statutes § 36C-8-817 cover?
Section 36C-8-817 ("Distribution upon termination.") 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-8-817?
A common citation format is "North Carolina General Statutes § 36C-8-817" (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-8-817 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.