Section 36C-8-815 - General powers of trustee(a) A trustee, without authorization by the court, may exercise any of the following: (1) Powers conferred by the terms of the trust.(2) Except as limited by the terms of the trust:a. All powers over the trust property that an unmarried competent owner has over individually owned property;b. Any other powers appropriate to achieve the proper investment, management, administration, or distribution of the trust property; andc. Any other powers conferred by this Chapter.(b) No provision of this section shall relieve a trustee of the fiduciary duties under this Article.N.C. Gen. Stat. § 36C-8-815
Amended by 2006 N.C. Sess. Laws 259,s. 13.(k), eff. 10/1/2006.Added by 2005 N.C. Sess. Laws 192, s. 2, eff. 1/1/2006.