Neb. Rev. Stat. §§ 30-3869

Current with changes through the 2024 First Special Legislative Session
Section 30-3869 - (UTC 804) Prudent administration

(UTC 804) A trustee shall administer the trust as a prudent person would, by considering the purposes, terms, distributional requirements, and other circumstances of the trust. In satisfying this standard, the trustee shall exercise reasonable care, skill, and caution.

Neb. Rev. Stat. §§ 30-3869

Laws 2003, LB 130, § 69.