N.C. Gen. Stat. § 36C-8B-14

NORTH CAROLINA COMMENT

The drafters did not adopt Section 14 of the Uniform Trust Decanting Act which provided for the protection of charitable interests. The drafters concluded that the provisions of Section 14 created unnecessary complexity and that some provisions of this Section were inconsistent with prior North Carolina law governing trust decanting and trusts in general. A charitable organization that is a qualified beneficiary is entitled to receive written notice of an intended exercise of a decanting power under G.S. 36C-8B-7(b)(2).