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Single beneficiaries; separate custodial trusts.

G.S. 33B-6
in effect
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§ 33B-6.  Single beneficiaries; separate custodial trusts. (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.)
Source: North Carolina General Assembly (ncleg.gov)URL: https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_33B/GS_33B-6.htmlFetched: 10/19/2026

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