PUBLISHED

N.C.G.S. § 33B-6

Single beneficiaries; separate custodial trusts.

Effective date: 2026-08-08
Last verified: 2026-08-09
Source: official source
Revision history: view all versions

(a) Beneficial interests in a custodial trust may not be created for multiple beneficiaries. (b) All custodial trust property held under this act by the same custodial trustee for the use and benefit of a single beneficiary may be administered as a single custodial trust. (1995, c. 486, s. 1.)