{"data":{"id":"us-nc/n.c.-gen.-stat.-33a-7","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 33A-7","heading":"Transfer by obligor.","body":"(a)\tSubject to subsections (b) and (c), a person not subject to Section 33A-5 or 33A-6 who holds property of or owes a liquidated debt to a minor not having a guardian may make an irrevocable transfer to a custodian for the benefit of the minor pursuant to Section 33A-9.\n(b)\tIf a person having the right to do so under Section 33A-3 has nominated a custodian under that section to receive the custodial property, the transfer must be made to that person.\n(c)\tIf no custodian has been nominated under Section 33A-3, or all persons so nominated as custodian die before the transfer or are unable, decline, or are ineligible to serve, a transfer under this section may be made to an adult member of the minor's family or to a trust company if the aggregate value of the property does not exceed ten thousand dollars ($10,000) in value. (1987, c. 563, s. 2.)","path":["Chapter 33A. North Carolina Uniform Transfers to Minors Act"],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_33A/GS_33A-7.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:00:32Z","sha256":"74a60fff4578f29d4c4cbc099f8f9bd775d36caa6c61952a08245c2d69053ffe","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-33a-6","next":"us-nc/n.c.-gen.-stat.-33a-8"},"notice":"GroundRules: Original legal text. Not legal advice."}