North Carolina § 53-163 - 6. Court accountings.
Full text of North Carolina North Carolina General Statutes § 53-163 — 6. Court accountings., with citation guidance and answers to common questions.
§ 53-163. 6. Court accountings.
Unless ordered by a court of competent jurisdiction the trust institution operating such common trust fund or funds shall not be required to render a court accounting with regard to such fund or funds; but it may, by application to the superior court, secure approval of such an accounting on such conditions as the court may establish. This section shall not affect the duties of the trustees of the participating trusts under the common trust fund to render accounts of their several trusts. History (1939, c. 200, s. 2; 1977, c. 502, s. 2; 2005-192, s. 1; 2011-339, s. 7.) Editor's Note. - This section was formerly codified as G.S. 36A-91. It was recodified as G.S. 53-163.4 by Session Laws 2005-192, s. 1, effective January 1, 2006 and redesignated as G.S. 53-163.6 by the Revisor of Statutes. Effect of Amendments. - Session Laws 2011-339, s. 7, effective October 1, 2011, and applicable to all trusts created before, on, or after that date, substituted "trust institution" for "bank or trust company" in the first sentence.
Source: official North Carolina text · Last verified 2026-08-27
Frequently Asked Questions About North Carolina § 53-163
What does North Carolina General Statutes § 53-163 cover?
Section 53-163 ("6. Court accountings.") 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 § 53-163?
A common citation format is "North Carolina General Statutes § 53-163" (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 § 53-163 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.