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Code · Nebraska · Chapter 30 — Decedents' Estates; Protection of Persons and Property

30-4312. (UDTA 12) Application to cotrustee.

63 words·~1 min read·/ne/chapter-30/30-4312

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(UDTA 12) The terms of a trust may relieve a cotrustee from duty and liability with respect to another cotrustee's exercise or nonexercise of a power of the other cotrustee to the same extent that in a directed trust a directed trustee is relieved from duty and liability with respect to a trust director's power of direction under sections 30-4309 to 30-4311 .
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