North Carolina General Statutes § 53C-9-405 Appointment of substitute trustee where no objection made

If, upon the day fixed in the notice, no person appears and objects to the appointment of a substitute trustee, the clerk of superior court shall, upon such terms as he or she deems advisable to the best interest of all parties, appoint a competent person authorized to act as substitute trustee, who shall be vested with and shall exercise all the powers conferred upon the trustee named in the instrument.  (2012-56, s. 4.)

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Last modified: March 23, 2014