There is a newer version of the Nebraska Revised Statutes
2006 Nebraska Revised Statutes - § 30-3855 — (UTC 603) Rights and duties.
Section 30-3855(UTC 603) Rights and duties.
(UTC 603) (a) While a trust is revocable, rights of the beneficiaries are subject to the control of, and the duties of the trustee are owed exclusively to, the settlor.
(b) During the period the power may be exercised, the holder of a power of withdrawal has the rights of a settlor of a revocable trust under this section to the extent of the property subject to the power.
Source:
- Laws 2003, LB 130, § 55
Laws 2004, LB 999, § 27
Laws 2005, LB 533, § 43
~Revised Statutes Supplement, 2006
Disclaimer: These codes may not be the most recent version. Nebraska may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
