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2017 Nebraska Revised Statutes
Chapter 30 - DECEDENTS' ESTATES; PROTECTION OF PERSONS AND PROPERTY
30-3869 (UTC 804) Prudent administration.
Universal Citation: NE Code § 30-3869 (2017)
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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