{"data":{"id":"us-nc/n.c.-gen.-stat.-37a-1-104.23","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 37A-1-104.23","heading":"Effect of distribution of unitrust amount.","body":"The distribution from an express total return unitrust of the fixed percentage of not less than three percent (3%) nor more than five percent (5%) reasonably apportions between the income beneficiaries and remaindermen the total return of an express total return unitrust. (2005-244, s. 6.)","path":["Chapter 37A. Uniform Principal and Income Act.","Article 1. Definitions and Fiduciary Duties; Conversion to Unitrust; Judicial Control of Discretionary Power.","Part 2A. Express Total Return Unitrusts."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_37A/GS_37A-1-104.23.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:01:42Z","sha256":"459b5d36e5d3281b0efabe87a54c83f3fc5e90a8a2d28e03de474a670d4728fe","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-37a-1-104.22","next":"us-nc/n.c.-gen.-stat.-37a-1-104.24"},"notice":"GroundRules: Original legal text. Not legal advice."}