This Article shall be interpreted and construed to effectuate its general purpose to cause all charitable remainder annuity trusts and all charitable remainder unitrusts to be administered in accordance with section 2055 and section 2522 of the Internal Revenue Code and the regulations under those sections.
N.C. Gen. Stat. § 36C-4B-7
Interpretation
Known as the Charitable Remainder Administration Trust Act
The act spans §§ 36C-4B-1 to 36C-4B-7 (7 sections).
1981 (Reg
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.