NC General Statutes

N.C. Gen. Stat. § 32-53 (2026)

Definitions

✓ current as of July 2026
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The following definitions apply in this Article:

(1) Legal disability. - A person under a legal disability is a person who is a minor, incompetent, or unborn individual, or whose identity or location is unknown.

(2) Qualified beneficiary. - As defined in G.S. 36C-1-103(15). With respect to a charitable trust defined in G.S. 36C-1-103(4), the term includes (i) a charitable organization described in G.S. 36C-1-110 as having the rights of a qualified beneficiary; or (ii) if there is no such charitable organization, the Attorney General.

(3) Representative. - A person who may represent and bind another as provided in Article 3 of Chapter 36C of the General Statutes, the provisions of which shall apply for purposes of this Article.

(4) Trust. - A trust to which Chapter 36C of the General Statutes applies as provided in G.S. 36C-1-102. (2004-139, s. 2; 2007-106, s. 38.)

 

Notes of Decisions
Cited in 1 case, 2012–2012 · leading case: In re the Foreclosure of the Deed of Trust of Vogler Realty, Inc., 722 S.E.2d 459 (N.C. 2012).
In re the Foreclosure of the Deed of Trust of Vogler Realty, Inc., 722 S.E.2d 459 (N.C. 2012). · cites it 5× “See N.C.G.S. § 32-53(4) (2009). Chapter 36C, the Uniform Trust Code, expressly excludes from its scope “trusts for the primary purpose of paying debts.”
— N.C. Gen. Stat. § 32-53(4) — 1 case
In re the Foreclosure of the Deed of Trust of Vogler Realty, Inc., 722 S.E.2d 459 (N.C. 2012). “See N.C.G.S. § 32-53(4) (2009). Chapter 36C, the Uniform Trust Code, expressly excludes from its scope “trusts for the primary purpose of paying debts.”
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