N.C. Gen. Stat. § 53C-9-405

Current through Session Law 2024-56
Section 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.

N.C. Gen. Stat. § 53C-9-405

Added by 2012 N.C. Sess. Laws 56,s. 4, eff. 10/1/2012.