§ 36C-4B-2. General rule. - North Carolina Statutes

§ 36C‑4B‑2. General rule.

Notwithstanding any provisionsin the laws of this State or in the governing instruments to the contrary, anycharitable remainder annuity trust and any charitable remainder unitrust thatcannot qualify for a deduction for federal tax purposes under section 2055 orsection 2522 of the Internal Revenue Code in the absence of this Article shallbe administered in accordance with this Article. (1981 (Reg. Sess., 1982), c.1252, s. 1; 2005‑192, s. 2.)