N.C. Gen. Statutes > Chapter 33B North Carolina General Statutes > Chapter 33B – North Carolina Uniform Custodial Trust Act Current as of: 2024 | Check for updates | Other versions § 33B-1 Definitions § 33B-2 Custodial trust; general § 33B-3 Custodial trust to begin in the future § 33B-4 Form and effect of receipt and acceptance by custodial trustee; jurisdiction § 33B-5 Transfer to custodial trustee by fiduciary or obligor; facility of payment § 33B-6 Single beneficiaries; separate custodial trusts § 33B-7 General duties of custodial trustee § 33B-8 General powers of custodial trustee § 33B-9 Use of custodial trust property § 33B-10 Determination of incapacity; effect § 33B-11 Third-party transactions § 33B-12 Liability to the third person § 33B-13 Declination, resignation, incapacity, death, or removal of custodial trustee; designation of successor custodial trustee § 33B-14 Expenses, compensation, and bond of custodial trustee § 33B-15 Reporting and accounting by custodial trustee; determination of liability of custodial trustee § 33B-16 Limitations of action against custodial trustee § 33B-17 Distribution on termination § 33B-18 Methods and forms of creating custodial trusts § 33B-19 Applicable law § 33B-20 Uniformity of application and construction § 33B-21 Short title § 33B-22 Limitation on value of custodial trust property Ask a will, trust or estate question, get an answer ASAP!Thousands of highly rated, verified estate & trust lawyers.Click here to chat with a lawyer about your rights. Ask a question, get an answer ASAP!