Chapter 41 - Estates.

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Chapter 41
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Article 1 - Survivorship Rights and Future Interests.
G.S. 41-1
§ 41-1. Fee tail converted into fee simple.
G.S. 41-2
§ 41-2: Repealed by Session Laws 2020-50, s. 2(d), effective June 30, 2020.
G.S. 41-2.1
§ 41-2.1. Right of survivorship in bank deposits created by written agreement.
G.S. 41-2.2
§ 41-2.2. Joint ownership of securities.
G.S. 41-2.3 through 41-2.4
§§ 41-2.3 through 41-2.4. Reserved for future codification purposes.
G.S. 41-2.5
§ 41-2.5: Recodified as G.S. 41-56(d) by Session Laws 2020-50, s. 1(b), effective June 30, 2020.
G.S. 41-3
§ 41-3. Survivorship among trustees.
G.S. 41-4
§ 41-4. Limitations on failure of issue.
G.S. 41-5
§ 41-5. Unborn infant may take by deed or writing.
G.S. 41-6
§ 41-6. "Heirs" construed to be "children" in certain limitations.
G.S. 41-6.1
§ 41-6.1. Meaning of "next of kin."
G.S. 41-6.2
§ 41-6.2. Doctrine of worthier title abolished.
G.S. 41-6.3
§ 41-6.3. Rule in Shelley's case abolished.
G.S. 41-6.4
§ 41-6.4. Rule in Dumpor's Case abolished.
G.S. 41-6.5
§ 41-6.5. Common-law rule against perpetuities abolished.
Modified by:
G.S. 41-7
§ 41-7. Possession transferred to use in certain conveyances.
G.S. 41-8
§ 41-8. Collateral warranties abolished; warranties by life tenants deemed covenants.
G.S. 41-9
§ 41-9: Repealed by Session Laws 1979, c. 180, s. 2.
G.S. 41-10
§ 41-10. Titles quieted.
G.S. 41-10.1
§ 41-10.1. Trying title to land where State claims interest.
G.S. 41-11
§ 41-11. Sale, lease or mortgage in case of remainders.
G.S. 41-11.1
§ 41-11.1. Sale, lease or mortgage of property held by a "class," where membership may be increased by persons not in esse.
G.S. 41-11.2
§ 41-11.2. Sale of standing timber; life estate.
G.S. 41-12
§ 41-12. Sales or mortgages of contingent remainders validated.
G.S. 41-13
§ 41-13. Freeholders in petition for special taxes defined.
G.S. 41-14
§ 41-14. Reserved for future codification purposes.
Article 2 - Uniform Statutory Rule Against Perpetuities.
G.S. 41-15
§ 41-15. Statutory rule against perpetuities.
Modified by:
G.S. 41-16
§ 41-16. When nonvested property interest or power of appointment created.
G.S. 41-17
§ 41-17. Reformation.
G.S. 41-18
§ 41-18. Exclusions from statutory rule against perpetuities.
Modified by:
G.S. 41-19
§ 41-19. Prospective application.
G.S. 41-20
§ 41-20. Short title.
G.S. 41-21
§ 41-21. Uniformity of application and construction.
G.S. 41-22
§ 41-22. (Repealed) Supersession.
Modified by:
G.S. 41-23
§ 41-23. Perpetuities and suspension of power of alienation for trusts.
G.S. 41-24
§ 41-24. Reserved for future codification purposes.
Article 3 - Time Limits on Options in Gross and Certain Other Interests in Land.
G.S. 41-28
§ 41-28. Definitions.
G.S. 41-29
§ 41-29. Options in gross, etc.
G.S. 41-30
§ 41-30. Leases to commence in the future.
G.S. 41-31
§ 41-31. Nonvested easements.
G.S. 41-32
§ 41-32. Possibilities of reverter, etc.
G.S. 41-33
§ 41-33. Prospective application.
Article 4 - The Uniform Transfer on Death (TOD) Security Registration Act.
G.S. 41-40
§ 41-40. Definitions.
G.S. 41-41
§ 41-41. Registration in beneficiary form; sole or joint tenancy ownership.
G.S. 41-42
§ 41-42. Registration in beneficiary form; applicable law.
G.S. 41-43
§ 41-43. Origination of registration in beneficiary form.
G.S. 41-44
§ 41-44. Form of registration in beneficiary form.
G.S. 41-45
§ 41-45. Effect of registration in beneficiary form.
G.S. 41-46
§ 41-46. Ownership on death of owner.
G.S. 41-47
§ 41-47. Protection of registering entity.
G.S. 41-48
§ 41-48. Nontestamentary transfer on death.
G.S. 41-49
§ 41-49. Terms, conditions, and forms for registration.
G.S. 41-50
§ 41-50. Short title; rules of construction.
G.S. 41-51
§ 41-51. Application of Article.
Article 5 - Tenancy by the Entirety.
G.S. 41-55
§ 41-55. Definitions.
G.S. 41-56
§ 41-56. Creation of tenancy by the entirety.
Modified by:
G.S. 41-57
§ 41-57. Presumption of gift by spouse furnishing consideration.
G.S. 41-58
§ 41-58. Possession and control of entireties property.
G.S. 41-59
§ 41-59. Income derived from entireties property.
G.S. 41-60
§ 41-60. Liability of entireties property for debts of spouses.
G.S. 41-61
§ 41-61. Reimbursement for expenditures made on entireties property.
Modified by:
G.S. 41-62
§ 41-62. Insurance coverage and character of proceeds.
G.S. 41-63
§ 41-63. Termination of tenancy by the entirety other than upon death of a spouse; effects of termination.
G.S. 41-64
§ 41-64. Termination of tenancy by the entirety upon death of a spouse.
G.S. 41-65
§ 41-65. Entireties property conveyed to trusts.
G.S. 41-66
§ 41-66. Common law of tenancy by the entirety; equitable principles.
Article 6 - Joint Tenancy.
G.S. 41-70
§ 41-70. Definitions.
G.S. 41-71
§ 41-71. Creation of a joint tenancy with right of survivorship.
G.S. 41-72
§ 41-72. Determination of the interests of joint tenants in a joint tenancy with right of survivorship.
G.S. 41-73
§ 41-73. Termination of a joint tenancy with right of survivorship.
G.S. 41-74
§ 41-74. Application of 120-hour survival requirement to joint tenancy with right of survivorship.
G.S. 41-75
§ 41-75. Inapplicability of Article.
Modified by:
G.S. 41-76
§ 41-76. Common law of joint tenancy; equitable principles.
G.S. 41-77
§ 41-77. Citation to prior statutes.