North Carolina General Statutes
Chapter 37A: Uniform Principal and Income Act.
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- § 37A-1-101. Short title. [RTF] [PDF]
- § 37A-1-102. Definitions. [RTF] [PDF]
- § 37A-1-103. Fiduciary duties; general principles. [RTF] [PDF]
- § 37A-1-104. Trustee's power to adjust. [RTF] [PDF]
- § 37A-1-104.1. Definitions. [RTF] [PDF]
- § 37A-1-104.2. Conversion in trustee's discretion without court approval. [RTF] [PDF]
- § 37A-1-104.3. Conversion with court approval. [RTF] [PDF]
- § 37A-1-104.4. Determination of unitrust amount. [RTF] [PDF]
- § 37A-1-104.5. Matters in trustee's discretion. [RTF] [PDF]
- § 37A-1-104.6. No effect on principal distributions. [RTF] [PDF]
- § 37A-1-104.7: Repealed by Session Laws 2007-106, s. 49.1, effective October 1, 2007. [RTF] [PDF]
- § 37A-1-104.8. No liability on part of trustee or disinterested person acting in good faith. [RTF] [PDF]
- § 37A-1-104.9. Applicability. [RTF] [PDF]
- § 37A-1-104.21. Definitions. [RTF] [PDF]
- § 37A-1-104.22. Determination of unitrust amount. [RTF] [PDF]
- § 37A-1-104.23. Effect of distribution of unitrust amount. [RTF] [PDF]
- § 37A-1-104.24. Change or conversion of unitrust amount. [RTF] [PDF]
- § 37A-1-104.25. Determination of character of unitrust amount. [RTF] [PDF]
- § 37A-1-104.26. Unitrust amount in excess of a five percent payout. [RTF] [PDF]
- § 37A-1-105. Judicial control of discretionary power. [RTF] [PDF]
- § 37A-2-201. Determination and distribution of net income. [RTF] [PDF]
- § 37A-2-202. Distribution to residuary and remainder beneficiaries. [RTF] [PDF]
- § 37A-3-301. When right to income begins and ends. [RTF] [PDF]
- § 37A-3-302. Apportionment of receipts and disbursements when decedent dies or income interest begins. [RTF] [PDF]
- § 37A-3-303. Apportionment when income interest ends. [RTF] [PDF]
- § 37A-4-401. Character of receipts. [RTF] [PDF]
- § 37A-4-402. Distribution from trust or estate. [RTF] [PDF]
- § 37A-4-403. Business and other activities conducted by trustee. [RTF] [PDF]
- § 37A-4-404. Principal receipts. [RTF] [PDF]
- § 37A-4-405. Rental property. [RTF] [PDF]
- § 37A-4-406. Obligation to pay money. [RTF] [PDF]
- § 37A-4-407. Insurance policies and similar contracts. [RTF] [PDF]
- § 37A-4-408. Insubstantial allocations not required. [RTF] [PDF]
- § 37A-4-409. Deferred compensation, annuities, and similar payments. [RTF] [PDF]
- § 37A-4-410. Liquidating asset. [RTF] [PDF]
- § 37A-4-411. Minerals, water, and other natural resources. [RTF] [PDF]
- § 37A-4-412. Timber. [RTF] [PDF]
- § 37A-4-413. Property not productive of income. [RTF] [PDF]
- § 37A-4-414. Derivatives and options. [RTF] [PDF]
- § 37A-4-415. Asset-backed securities. [RTF] [PDF]
- § 37A-5-501. Disbursements from income. [RTF] [PDF]
- § 37A-5-502. Disbursements from principal. [RTF] [PDF]
- § 37A-5-503. Transfers from income to principal for depreciation. [RTF] [PDF]
- § 37A-5-504. Transfers from income to reimburse principal. [RTF] [PDF]
- § 37A-5-505. Income taxes. [RTF] [PDF]
- § 37A-5-506. Adjustments between principal and income because of taxes. [RTF] [PDF]





