North Carolina General Statutes 36C-8-809. Control and protection of trust property
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Terms Used In North Carolina General Statutes 36C-8-809
- property: shall include all property, both real and personal. See North Carolina General Statutes 12-3
- Trustee: A person or institution holding and administering property in trust.
A trustee shall take reasonable steps to take control of and protect the trust property. (2005-192, s. 2.)