Nebraska Statutes

§ 57-224 — Oil and gas leases; trustee for remaindermen; invest income from royalties

Nebraska § 57-224
JurisdictionNebraska
Ch. 57Minerals, Oil, and Gas

This text of Nebraska § 57-224 (Oil and gas leases; trustee for remaindermen; invest income from royalties) 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. § 57-224 (2026).

Text

Under proper court order, the trustee shall be authorized to invest income from royalties in like manner as funds of guardianships may be invested, which investments shall remain intact until the ultimate taker is determined and shall then be paid over to such ultimate taker and the trust closed. Income from investments shall be paid to the life tenant or other person entitled thereto.

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Legislative History

Source: Laws 1951, c. 187, § 3, p. 694.

Nearby Sections

15
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Bluebook (online)
Nebraska § 57-224, Counsel Stack Legal Research, https://law.counselstack.com/statute/ne/57-224.