GENERAL ASSEMBLY OF NORTH CAROLINA
1985 SESSION
CHAPTER 855
The General Assembly of North Carolina enacts:
Section 1. G.S. 7A-307(a) is amended by adding a new subdivision to read:
"(2a) Notwithstanding subdivision (2) of this subsection, the fee of forty cents (40c) per one hundred dollars ($100.00), or major fraction, of the gross estate shall not be assessed on personalty received by a trust under a will when the estate of the decedent was administered under Chapters 28 or 28A of the General Statutes. Instead, a fee of ten dollars ($10.00) shall be assessed on the filing of each annual and final account."
Sec. 2. This act is effective upon ratification and applies to personalty received by trusts under a will on or after that date.
In the General Assembly read three times and ratified, this the 1st day of July, 1986.