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2009 Nebraska Code
Chapter 30 DECEDENTS' ESTATES; PROTECTION OF PERSONS AND PROPERTY
30-3869 (UTC 804) Prudent administration.

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.

Source
    Laws 2003, LB 130, ยง 69.



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