Nebraska § 30-3898 (UTC 1009) Beneficiary's consent, release, or ratification

Nebraska Statutes

§ 30-3898 — (UTC 1009) Beneficiary's consent, release, or ratification

Nebraska § 30-3898

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

This text of Nebraska § 30-3898 ((UTC 1009) Beneficiary's consent, release, or ratification) 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. § 30-3898 (2026).

Text

(UTC 1009) A trustee is not liable to a beneficiary for breach of trust if the beneficiary consented to the conduct constituting the breach, released the trustee from liability for the breach, or ratified the transaction constituting the breach, unless:

(1)the consent, release, or ratification of the beneficiary was induced by improper conduct of the trustee; or

(2)at the time of the consent, release, or ratification, the beneficiary did not know of the beneficiary's rights or of the material facts relating to the breach.

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(UTC 1009) A trustee is not liable to a beneficiary for breach of trust if the beneficiary consented to the conduct constituting the breach, released the trustee from liability for the breach, or ratified the transaction constituting the breach, unless:
(1) the consent, release, or ratification of the beneficiary was induced by improper conduct of the trustee; or
(2) at the time of the consent, release, or ratification, the beneficiary did not know of the beneficiary's rights or of the material facts relating to the breach.