This Article does not apply to any of the following:
(1) Executors or trustees in their representative capacity.
(2) Partnerships governed by Chapter 59 of the General Statutes.
(3) Business entities.
(4) Accounts established under G.S. 41-2.1 or G.S. 41-2.2 to the extent inconsistent with the provisions of this Article.
(5) Life estates.
History
(2020-50, s. 2(a), (c); 2021-91, s. 9.)
Effect of Amendments. - Session Laws 2021-91, s. 9, effective October 1, 2021, substituted "G.S. 41-2.1” for "G.S. 42-2.1,” and "G.S. 41-2.2” for "G.S. 42-2.2” in subdivision (4).