Current through Session Law 2024-53
Section 35A-1227 - Funds owed to minors(a) Certain insurance proceeds or other funds to which a minor is entitled may be paid to and administered by the public guardian or the clerk as provided in G.S. 7A-111.(b) A devise of personal property to a minor may be distributed to the minor's parent or guardian with the approval of the clerk as provided in G.S. 28A-22-7.(c) A personal representative or collector who holds property due a minor without a guardian may deliver the property to the clerk as provided in G.S. 28A-23-2.(d) Inter vivos or testamentary transfers to minors may be made and administered according to the North Carolina Uniform Transfers to Minors Act, Chapter 33A of the General Statutes.N.C. Gen. Stat. § 35A-1227
Amended by 2011 N.C. Sess. Laws 284,s. 37, eff. 6/24/2011. 1987, c. 550, s. 1; 1989, c. 473, s. 23.