§36C-10-1001. Remedies for breach of trust  


Latest version.
  • (a)        A violation by a trustee of a duty the trustee owes under a trust is a breach of trust.

    (b)        To remedy a breach of trust that has occurred or may occur, the court may:

    (1)        Compel the trustee to perform the trustee's duties;

    (2)        Enjoin the trustee from committing a breach of trust;

    (3)        Compel the trustee to redress a breach of trust by paying money, restoring property, or other means;

    (4)        Order a trustee to account;

    (5)        Appoint a special fiduciary to take possession of the trust property and administer the trust;

    (6)        Suspend the trustee;

    (7)        Remove the trustee as provided in G.S. 36C-7-706;

    (8)        Reduce or deny compensation to the trustee;

    (9)        Subject to G.S. 36C-10-1012, void an act of the trustee, impose a lien or a constructive trust on trust property, or trace trust property wrongfully disposed of and recover the property or its proceeds; or

    (10)      Order any other appropriate relief.

    (c)        The court may, for cause shown, relieve a trustee from liability for any breach of trust, or wholly or partly excuse a trustee who has acted honestly and reasonably from liability for a breach of trust.

(2005-192, s. 2.)