N.C. Gen. Stat. § 36C-10-1008

Current through Session Law 2024-11
Section 36C-10-1008 - Exculpation of trustee

A term of a trust relieving a trustee of liability for breach of trust is unenforceable to the extent that it relieves the trustee of liability for breach of trust committed in bad faith or with reckless indifference to the purposes of the trust or the interests of the beneficiaries.

N.C. Gen. Stat. § 36C-10-1008

Added by 2005 N.C. Sess. Laws 192, s. 2, eff. 1/1/2006.