Liquidating charges law north carolina

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(3) To contact the power companies and other agencies contiguous to the area and areas desiring service, for the purpose of arranging for the extension by said companies, or other agencies, of service in that community for such extension as may be feasible for the power company, or other agency, contiguous to the area to finance itself.

(4) To make estimates of costs of extension which the power company would not be willing to finance and report such findings to the citizens of the community desiring service or to the corporations organized under this Chapter, to be known as “electric membership corporations.” (5) To estimate the service charges which said community would have to set up in addition to the rates for energy as may be found necessary in order to make extension self-liquidating.

The executor has a fiduciary duty — a duty of trust and integrity — to the estate's beneficiaries.

(11a) To receive and investigate complaints from members of electric membership corporations.

If you succeed, the executor's personal assets may be available for seizure to help compensate the estate and its beneficiaries for their losses due to the executor's misdeeds.

If you become a successor to a misbehaving executor, one of your first duties may be to pursue that individual in order to recover value for the estate.

Forensic accountants or other financial professionals can examine the accounting in an effort to detect mismanagement, neglect or outright stealing.

Executors must manage the estate for the benefit of the named beneficiaries under the will.

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