State Codes and Statutes

State Codes and Statutes

Statutes > Nebraska > Chapter30 > 30-3868

30-3868. (UTC 803) Impartiality.(UTC 803) If a trust has two or more beneficiaries, the trustee shall act impartially in investing, managing, and distributing the trust property, giving due regard to the beneficiaries' respective interests. SourceLaws 2003, LB 130, § 68. AnnotationsIn conjunction with this section and section 8-2207, a trustee has a statutory duty of impartiality. In re Trust of Rosenberg, 273 Neb. 59, 727 N.W.2d 430 (2007).