El texto completo de esta guía está en inglés; el resumen anterior está en su idioma. Los resúmenes de las leyes y el inglés siguen siendo la fuente de referencia.
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How co-trustees decide
N.C. Gen. Stat. § 36C-7-703(a) provides that co-trustees who cannot reach a unanimous decision may act by majority decision if more than two are serving, and that unanimity is required when only two are serving. After a vacancy, the remaining co-trustees may act for the trust (N.C. Gen. Stat. § 36C-7-703(b)).
Participation and delegation
Each co-trustee participates in each trustee function unless unavailable through absence, illness, disqualification or other temporary incapacity, or the function was properly delegated; where prompt action is needed, the remaining co-trustee or a majority may act (N.C. Gen. Stat. § 36C-7-703(c), (d)). With consent, a trustee may delegate to a co-trustee any function the settlor did not reasonably expect to be joint — the statute lists ten that are not, among them bank accounts and checks, records and accountings, taxes, collections, payments, custody and investment (N.C. Gen. Stat. § 36C-7-703(e)).
An exclusive power
Where the terms give one co-trustee a power to the exclusion of another, the excluded co-trustee is not liable for its exercise and has no duty to monitor, advise or consult that co-trustee or to notify beneficiaries, while the co-trustee holding the power is liable for it as if the other were not in office (N.C. Gen. Stat. § 36C-7-703(g1)).
Care, and a dissent
Each co-trustee exercises reasonable care to avoid enabling a co-trustee's serious breach and to compel its redress (N.C. Gen. Stat. § 36C-7-703(g)). Where the terms or the code let some co-trustees' decision control, a dissenting co-trustee who does not join, or joins after giving notice of the dissent, is not liable absent actual knowledge that the action was a serious breach (N.C. Gen. Stat. § 36C-7-703(h)).
Las leyes, textualmente
Cotrustees
N.C. Gen. Stat. § 36C-7-703 ↗Explicación clara y sencilla; el texto literal del estatuto aún no está atestiguado en nuestra biblioteca. Consulte el estatuto oficial en el enlace de arriba.
Preguntas frecuentes
Can one of two North Carolina co-trustees act alone?
Not on a decision: with only two serving, unanimity is required (N.C. Gen. Stat. § 36C-7-703(a)). One may act alone where the other has properly delegated the function, or where the other is unavailable and prompt action is needed (N.C. Gen. Stat. § 36C-7-703(c)–(e)).
What if North Carolina co-trustees disagree?
With more than two, the majority may act; with two, the decision waits on agreement or the court (N.C. Gen. Stat. § 36C-7-703(a)). A dissenter who does not join, or joins after notice of the dissent, is not liable absent actual knowledge of a serious breach (N.C. Gen. Stat. § 36C-7-703(h)).
How do North Carolina co-trustees vote stock?
If one votes, the act binds all; if more than one vote, it binds all; and if the vote is evenly split, each faction may vote the securities proportionately (N.C. Gen. Stat. § 36C-7-703(i)).
Lecturas relacionadas
El Centro de Aprendizaje es información general sobre la ley de Carolina del Norte — no es asesoría legal ni sustituye el consejo de un abogado de Carolina del Norte con licencia sobre sus hechos específicos. TrusteeClear es software, no un bufete.