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2017 Nebraska Revised Statutes
Chapter 30 - DECEDENTS' ESTATES; PROTECTION OF PERSONS AND PROPERTY
30-3892 (UTC 1003) Damages in absence of breach.
Universal Citation: NE Code § 30-3892 (2017)
30-3892. (UTC 1003) Damages in absence of breach.
(UTC 1003) (a) A trustee is accountable to an affected beneficiary for any profit made by the trustee arising from the administration of the trust, even absent a breach of trust.
(b) Absent a breach of trust, a trustee is not liable to a beneficiary for a loss or depreciation in the value of trust property or for not having made a profit.
Source
- Laws 2003, LB 130, ยง 92.
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