N.C. Gen. Stat. § 36C-4-415

Current through Session Law 2024-58
Section 36C-4-415 - Reformation to correct mistakes

The court may reform the terms of a trust, if the terms of the trust are ambiguous, to conform the terms to the settlor's intent if it is proved by clear and convincing evidence what the settlor's intent was and that the terms of the trust were affected by a mistake of fact or law, whether in expression or inducement.

N.C. Gen. Stat. § 36C-4-415

Amended by 2017 N.C. Sess. Laws 152,s. 4, eff. 1/1/2018.
Added by 2005 N.C. Sess. Laws 192, s. 2, eff. 1/1/2006.