N.C. Gen. Stat. § 36C-8-805
Cost of administration
Redline — June 1, 2021 → current.View current text →
Current — April 1, 2022
As of June 1, 2021
In administering a trust, the trustee may incur only costs that are reasonable in relation to the trust property, the purposes of the trust, and the skills of the trustee.
In administering a trust, the trustee may incur only costs that are reasonable in relation to the trust property, the purposes of the trust, and the skills of the trustee.
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.