Nebraska § 30-3217 Private foundations and split-interest trusts; applicability of sections

Nebraska Statutes

§ 30-3217 — Private foundations and split-interest trusts; applicability of sections

Nebraska·Ch. 30 Decedents' Estates; Protection of Persons and Property

A trustee of a trust which is a private foundation or a split-interest trust as defined in section  30-3215 , may elect that sections  30-3215  to  30-3218  shall not apply to such trust and its trustee or trustees by so notifying the Attorney General in writing within six months following April 30, 1971, or when such trust becomes subject to sections  30-3215  to  30-3218 , whichever last occurs. Section  30-3215  shall not apply to any trust with respect to which notice has been given, unless the trust is amended to comply with the terms of section  30-3215 .

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A trustee of a trust which is a private foundation or a split-interest trust as defined in section 30-3215 , may elect that sections 30-3215 to 30-3218 shall not apply to such trust and its trustee or trustees by so notifying the Attorney General in writing within six months following April 30, 1971, or when such trust becomes subject to sections 30-3215 to 30-3218 , whichever last occurs. Section 30-3215 shall not apply to any trust with respect to which notice has been given, unless the trust is amended to comply with the terms of section 30-3215 .

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