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Terms Used In North Carolina General Statutes 36C-8-806

  • Trustee: A person or institution holding and administering property in trust.

A trustee who has special skills or expertise, or is named trustee in reliance upon the trustee’s representation that the trustee has special skills or expertise, shall use those special skills or expertise. (1999-215, s. 1; 2005-192, s. 2.)