{"data":{"id":"us-nc/n.c.-gen.-stat.-53c-9-405","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 53C-9-405","heading":"Appointment of substitute trustee where no objection made.","body":"If, upon the day fixed in the notice, no person appears and objects to the appointment of a substitute trustee, the clerk of superior court shall, upon such terms as he or she deems advisable to the best interest of all parties, appoint a competent person authorized to act as substitute trustee, who shall be vested with and shall exercise all the powers conferred upon the trustee named in the instrument. (2012-56, s. 4.)","path":["Chapter 53C. Regulation of Banks.","Article 9. Supervisory Liquidation; Voluntary Dissolution and Liquidation.","Part 4. Provisions Relating to Any Dissolution or Receivership."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_53C/GS_53C-9-405.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:05:27Z","sha256":"8ebe530deea4ffb8a9aba0624c5b132771b87508540958a2334f20674dd02d0d","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-53c-9-404","next":"us-nc/n.c.-gen.-stat.-53c-9-406"},"notice":"GroundRules: Original legal text. Not legal advice."}