2019 Nebraska Revised Statutes
Chapter 76 - REAL PROPERTY
76-2,100 Reverter or rights of entry; termination of trust; succession.

Universal Citation: NE Code § 76-2,100 (2019)

76-2,100. Reverter or rights of entry; termination of trust; succession.

At the termination of a trust, however effected, any right of entry or reentry for breach of condition subsequent and any possibility of reverter heretofore or hereafter reserved by or to the trustee and affecting land in this state ceases and determines as to the trustee, but shall, at such termination pass to the person or persons who receive the assets of the trust.

Source

  • Laws 1959, c. 350, ยง 2, p. 1237.

Annotations

  • This section does not purport to create a new estate nor to expand the existing law on the subject. Cast v. National Bank of Commerce T. & S. Assn., 186 Neb. 385, 183 N.W.2d 485 (1971).

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.