NC General Statutes
N.C. Gen. Stat. § 53-159 (2026)
Trust institution may act as fiduciary
✓ current as of July 2026
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Any trust institution licensed by the Commissioner of Banks, where such powers or privileges are granted it in its charter, may be guardian, trustee, assignee, receiver, executor or administrator or act in another fiduciary capacity in this State without giving any bond; and the clerks of the superior courts, or other officers charged with the duty or clothed with the power of making such appointments, are authorized to appoint such trust institution to any such office. (1945, c. 743, s. 1; 2001-263, s. 3; 2011-339, s. 7.)
Notes of Decisions
Cited in 1
case, 1950–1950 · leading case: Wiggins v. Finch, 61 S.E.2d 72 (N.C. 1950).
Wiggins v. Finch, 61 S.E.2d 72 (N.C. 1950). “G.S. 53-159. Furthermore, the mere fact that G.”
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