Nebraska § 76-1511 Trust, defined

Nebraska Statutes

§ 76-1511 — Trust, defined

Nebraska § 76-1511

Ch. 76Real Property

This text of Nebraska § 76-1511 (Trust, defined) 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. § 76-1511 (2026).

Text

Trust shall mean a fiduciary relationship with respect to property, subjecting the person by whom the property is held to equitable duties to deal with the property for the benefit of another person, which arises as a result of a manifestation of an intention to create it. Trust does not include a person acting in a fiduciary capacity, as defined in section  76-1510 . A trust includes a legal entity holding property as trustee, agent, escrow agent, attorney in fact, and in any similar capacity.

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Trust shall mean a fiduciary relationship with respect to property, subjecting the person by whom the property is held to equitable duties to deal with the property for the benefit of another person, which arises as a result of a manifestation of an intention to create it. Trust does not include a person acting in a fiduciary capacity, as defined in section 76-1510 . A trust includes a legal entity holding property as trustee, agent, escrow agent, attorney in fact, and in any similar capacity.