§ 35A-1227. Funds owed to minors. - North Carolina Statutes

§35A‑1227.  Funds owed to minors.

(a)        Certain insuranceproceeds or other funds to which a minor is entitled may be paid to andadministered by the public guardian or the clerk as provided in G.S. 7A‑111.

(b)        A devise or legacyof personal property to a minor may be distributed to the minor's parent orguardian with the approval of the clerk as provided in G.S. 28A‑22‑7.

(c)        A personalrepresentative or collector who holds property due a minor without a guardianmay deliver the property to the clerk as provided in G.S. 28A‑23‑2.

(d)        Inter vivos ortestamentary transfers to minors may be made and administered according to theNorth Carolina Uniform Transfers to Minors Act, Chapter 33A of the GeneralStatutes. (1987, c. 550, s. 1; 1989, c. 473, s. 23.)