Statutes > North Carolina Statutes > Chapter 36D - North Carolina Community Trust for Persons with Severe Chronic Disabilities. > § 36D-10. Trust not subject to law against perpetuities; restraints on alienation.

§ 36D-10. Trust not subject to law against perpetuities; restraints on alienation.

§ 36D‑10.  Trust notsubject to law against perpetuities; restraints on alienation.

A community trust shall not besubject to or held to be in violation of any principle of law againstperpetuities or restraints on alienation or perpetual accumulations of trusts. (1991 (Reg. Sess., 1992), c.768, s. 1; 2005‑192, s. 3.)