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N.C. Gen. Stat. § 36C-8B-21

Need to distribute not required

North Carolina · North Carolina General Statutes Chapter 36C — Chapter 36C. · Status: effective

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N.C. Gen. Stat. § 36C-8B-21, Need to distribute not required, North Carolina, version 1 as recorded 2026-08-18, yourstate.us, https://yourstate.us/provision/1311571
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Need to distribute not required. An authorized fiduciary may exercise the decanting power whether or not under the first trust's discretionary distribution standard the fiduciary would have made or could have been compelled to make a discretionary distribution of principal at the time of exercise. (2017-121, s. 1.)