{"data":{"id":"us-nc/n.c.-gen.-stat.-36c-8b-26","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 36C-8B-26","heading":"Later-discovered property.","body":"(a)\tExcept as otherwise provided in subsection (c) of this section, if exercise of the decanting power was intended to distribute all the principal of the first trust to one or more second trusts, later-discovered property belonging to the first trust and property paid to or acquired by the first trust after the exercise of the power is part of the trust estate of the second trust or trusts.\n(b)\tExcept as otherwise provided in subsection (c) of this section, if exercise of the decanting power was intended to distribute less than all the principal of the first trust to one or more second trusts, later-discovered property belonging to the first trust or property paid to or acquired by the first trust after exercise of the power remains part of the trust estate of the first trust.\n(c)\tAn authorized fiduciary may provide in an exercise of the decanting power or by the terms of a second trust for disposition of later-discovered property belonging to the first trust or property paid to or acquired by the first trust after exercise of the power. (2017-121, s. 1.)","path":["Chapter 36C. North Carolina Uniform Trust Code.","Article 8B. North Carolina Uniform Trust Decanting Act."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_36C/GS_36C-8B-26.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:01:17Z","sha256":"2e71e5b3f723a1153bc578a70ac044d7f5cc77098a1596e59acece25beae78c2","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-36c-8b-25","next":"us-nc/n.c.-gen.-stat.-36c-8b-27"},"notice":"GroundRules: Original legal text. Not legal advice."}