No fiduciary having possession or control of property over which a power of appointment is exercisable shall be bound or affected by any release or limitation of such power without actual notice thereof.
N.C. Gen. Stat. § 31D-4-403.1
Necessity for actual notice of release or limitation to bind fiduciary
1943, c. 665, s. 4; 2017-102, s. 13(c).
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.