Nebraska § 8-232 Designation of bank as fiduciary in a will or other instrument; effect

Nebraska Statutes

§ 8-232 — Designation of bank as fiduciary in a will or other instrument; effect

Nebraska·Ch. 8 Banks and Banking

Each designation in a will or other instrument executed either before, on, or after September 9, 1993, in which a bank is designated as fiduciary shall be deemed a designation of the trust company substituted for the bank pursuant to sections  8-230  to  8-233  except when the will or other instrument is executed after such substitution. Any grant in a will or other instrument of any discretionary power shall be deemed conferred upon the trust company deemed designated as the fiduciary pursuant to this section.

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Each designation in a will or other instrument executed either before, on, or after September 9, 1993, in which a bank is designated as fiduciary shall be deemed a designation of the trust company substituted for the bank pursuant to sections 8-230 to 8-233 except when the will or other instrument is executed after such substitution. Any grant in a will or other instrument of any discretionary power shall be deemed conferred upon the trust company deemed designated as the fiduciary pursuant to this section.

Nebraska § 8-232 (Designation of bank as fiduciary in a will or other instrument; effect) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.