State Codes and Statutes

Statutes > Nebraska > Chapter30 > 30-3892

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. SourceLaws 2003, LB 130, § 92.

State Codes and Statutes

Statutes > Nebraska > Chapter30 > 30-3892

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. SourceLaws 2003, LB 130, § 92.

State Codes and Statutes

State Codes and Statutes

Statutes > Nebraska > Chapter30 > 30-3892

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. SourceLaws 2003, LB 130, § 92.