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North Carolina Law

N.C.G.S. § 33B-11 — revision history

Text is never overwritten. Each amendment lands as a new version row with its own effective range.

  1. Version 1 — 2026-08-08 to present

    Scraped from ncleg.gov; The General Statutes include changes through S.L. 2026-7.

    A third person in good faith and without a court order may act on instructions of, or otherwise deal with, a person purporting to make a transfer as, or to act in the capacity of, a custodial trustee. In the absence of actual knowledge to the contrary, the third person is not responsible for determining: (1) The validity of the purported custodial trustee's designation; (2) The propriety of, or the authority under this act for, any action of the purported custodial trustee; (3) The validity or propriety of an instrument executed or instruction given pursuant to this act either by the person purporting to make a transfer or declaration or by the purported custodial trustee; or (4) The propriety of the application of property vested in the purported custodial trustee. (1995, c. 486, s. 1.)