North Carolina Statutes

§ 39-45 — Authority to acquire and hold real estate

North Carolina § 39-45

JurisdictionNorth Carolina

Ch. 39Conveyances

Art. 8Business Trusts

This text of North Carolina § 39-45 (Authority to acquire and hold real estate) is published on Counsel Stack Legal Research, covering North Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.C. Gen. Stat. § 39-45 (2026).

Text

Business trusts are hereby authorized and empowered to acquire real estate and interests therein and to hold the same in their trust names and may sue and be sued in their trust names. (1977, c. 768, s. 1.)

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Nearby Sections

15

§ 39-1

Fee presumed, though word "heirs" omitted

§ 39-1.1

In construing conveyances court shall give effect to intent of the parties

§ 39-11

Certain conveyances not affected by fraud if acknowledgment or privy examination regular

§ 39-12

Power of attorney of married person

§ 39-13

Spouse need not join in purchase-money mortgage

§ 39-13.1

Validation of certain deeds, etc., executed by married women without private examination

§ 39-13.2

Married persons under 18 made competent as to certain transactions; certain transactions validated

§ 39-13.3

Conveyances between husband and wife

§ 39-13.4

Conveyances by husband or wife under deed of separation

§ 39-13.6

Control of real property held in tenancy by the entirety

§ 39-2

Vagueness of description not to invalidate

§ 39-23.1

§ 39-23.10

Supplementary provisions

§ 39-23.11

Uniformity of application and construction

§ 39-23.12

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Bluebook (online)

North Carolina § 39-45, Counsel Stack Legal Research, https://law.counselstack.com/statute/nc/39/39-45.