N.C. Gen. Stat. § 36C-4-405.1

Current through Session Law 2024-53
Section 36C-4-405.1 - Enforcement of charitable gift or trust
(a) The settlor of a charitable trust, the Attorney General, the district attorney, a beneficiary, or any other interested party may maintain a proceeding to enforce a charitable trust, including the following:
(1) A proceeding to require a trustee to make a selection as may be necessary to establish the charitable beneficiaries or purposes for which the trust was established, as provided in subdivisions (d)(1) and (d)(2) of G.S. 36C-4-405;
(2) A proceeding for breach of fiduciary duty if there is reason to believe that the trust property has been mismanaged through negligence or fraud; and
(3) A proceeding for an accounting of the trustee's administration of the trust.
(b) The donor of a charitable gift, the Attorney General, the district attorney, or any other interested party may maintain a proceeding to enforce the gift, including a proceeding to require the recipient of the gift to make a selection as may be necessary to establish the charitable beneficiaries or purposes for which the gift was intended, as provided in subdivisions (d)(1) and (d)(2) of G.S. 36C-4-405.

N.C. Gen. Stat. § 36C-4-405.1

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