23-1 Debts mature on execution of assignment; no preferences
23-2 Trustee to file schedule of property
23-3 Trustee to recover property conveyed fraudulently or in preference
23-4 Substitute for incompetent trustee appointed in special proceeding
23-5 Insolvent trustee removed unless bond given; substitute appointed
23-6 Trustee removed on petition of creditors; substitute appointed
23-7 Substituted trustee to give bond
23-8 Only perishable property sold within ten days of registration
23-9 Creditors to file verified claims with clerk; false swearing misdemeanor
23-10 Priority of payments by trustee
23-11 Trustee to account quarterly; final account in twelve months
23-12 Trustee violating duties guilty of misdemeanor

Terms Used In North Carolina General Statutes > Chapter 23 > Article 1

  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Fraud: Intentional deception resulting in injury to another.
  • Grantor: The person who establishes a trust and places property into it.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Misdemeanor: Usually a petty offense, a less serious crime than a felony, punishable by less than a year of confinement.
  • oath: shall be construed to include "affirmation" in all cases where by law an affirmation may be substituted for an oath, and in like cases the word "sworn" shall be construed to include the word "affirmed. See North Carolina General Statutes 12-3
  • property: shall include all property, both real and personal. See North Carolina General Statutes 12-3
  • state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall be construed to include the said district and territories and all dependencies. See North Carolina General Statutes 12-3
  • Trustee: A person or institution holding and administering property in trust.