The court, in exercising its discretion to modify or terminate an irrevocable trust under G.S. 36C-4-411, 36C-4-412, or 36C-4-414 shall consider provisions making the interest of a beneficiary inalienable, including those described in Article 5, but the court is not precluded from the exercise of that discretion solely because of such provisions. (2005-192, s. 2; 2006-259, s. 13(i).)
Sections: Previous 36C-4-412 36C-4-413 36C-4-414 36C-4-415 36C-4-416 36C-4-417 36C-4-418 36C-4-419 36C-4A-1 36C-4A-2 36C-4B-1 36C-4B-2 36C-4B-3 36C-4B-4 36C-4B-5 Next
Last modified: March 23, 2014