§ 36C-4-418. Distribution upon termination of trust. - North Carolina Statutes

§ 36C‑4‑418. Distribution upon termination of trust.

Upon termination of a trustunder G.S. 36C‑4‑411(a), the trustee shall distribute the trustproperty as agreed by the beneficiaries. Upon termination of a trust under G.S.36C‑4‑411(b) or (c), the trustee shall distribute the trustproperty in accordance with the order entered by the court. Upon termination ofa trust under G.S. 36C‑4‑412(a) or G.S. 36C‑4‑414, thetrustee shall distribute the trust property in a manner consistent with thepurposes of the trust. (1999‑266, s. 2; 2005‑192, s. 2; 2007‑106, s. 18.)