N.C. Gen. Stat. § 36C-8B-21

Current through Session Law 2024-53

Section 36C-8B-21 - 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.

N.C. Gen. Stat. § 36C-8B-21

Added by 2017 N.C. Sess. Laws 121,s. 1, eff. 7/18/2017.