{"data":{"id":"us-nc/n.c.-gen.-stat.-36c-5-508","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 36C-5-508","heading":"Protective trusts.","body":"Except with respect to an interest retained by the settlor, a \"protective trust interest\" means an interest in a trust in which the terms of the trust provide that the interest terminates or becomes discretionary if:\n(1)\tThe beneficiary alienates or attempts to alienate that interest; or\n(2)\tAny creditor attempts to reach the beneficiary's interest by attachment, levy, or otherwise; or\n(3)\tThe beneficiary becomes insolvent or bankrupt. (2005-192, s. 2.)","path":["Chapter 36C. North Carolina Uniform Trust Code.","Article 5. Creditors' Claims; Spendthrift and Discretionary Trusts."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_36C/GS_36C-5-508.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:01:17Z","sha256":"24ba3d24921f175cd458e0bc68c1d3e3d1acd3cf7c9319b6d8f644222a932eb4","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-36c-5-507","next":"us-nc/n.c.-gen.-stat.-36c-6-601"},"notice":"GroundRules: Original legal text. Not legal advice."}