Nebraska Statutes

§ 30-3892 — (UTC 1003) Damages in absence of breach

Nebraska § 30-3892
JurisdictionNebraska
Ch. 30Decedents' Estates; Protection of Persons and Property

This text of Nebraska § 30-3892 ((UTC 1003) Damages in absence of breach) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Neb. Rev. Stat. § 30-3892 (2026).

Text

(UTC 1003) (a) A trustee is accountable to an affected beneficiary for any profit made by the trustee arising from the administration of the trust, even absent a breach of trust.

(b)Absent a breach of trust, a trustee is not liable to a beneficiary for a loss or depreciation in the value of trust property or for not having made a profit.

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Legislative History

Source: Laws 2003, LB 130, § 92.

Nearby Sections

15
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Bluebook (online)
Nebraska § 30-3892, Counsel Stack Legal Research, https://law.counselstack.com/statute/ne/30-3892.