N.C. Gen. Stat. § 36C-8-803
Impartiality
Redline — June 1, 2021 → current.View current text →
Current — April 1, 2022
As of June 1, 2021
If a trust has two or more beneficiaries, the trustee shall act impartially in investing, managing, and distributing the trust property, giving due regard to the beneficiaries' respective interests.
If a trust has two or more beneficiaries, the trustee shall act impartially in investing, managing, and distributing the trust property, giving due regard to the beneficiaries’ respective interests.
History
(1999-215, s. 1; 2005-192, s. 2.)
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.