State Codes and Statutes

State Codes and Statutes

Statutes > Nebraska > Chapter30 > 30-3875

30-3875. (UTC 810) Recordkeeping and identification of trust property.(UTC 810) (a) A trustee shall keep adequate records of the administration of the trust.(b) A trustee shall keep trust property separate from the trustee's own property.(c) Except as otherwise provided in subsection (d) of this section, a trustee shall cause the trust property to be designated so that the interest of the trust, to the extent feasible, appears in records maintained by a party other than a trustee or beneficiary.(d) If the trustee maintains records clearly indicating the respective interests, a trustee may invest as a whole the property of two or more separate trusts. SourceLaws 2003, LB 130, § 75.