30-3892. (UTC 1003) Damages in absence of breach.
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/ne/chapter-30/30-3892A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(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.