30-4505. Application; governing law.
114 words·~1 min read·
/ne/chapter-30/30-4505A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Uniform Trust Decanting Act applies to a trust created before, on, or after November 14, 2020, which:
(1)has its principal place of administration in this state, including a trust whose principal place of administration has been changed to this state; or
(2)provides by its trust instrument that it is governed by the law of this state or is governed by the law of this state for the purpose of:
(A)administration, including administration of a trust whose governing law for purposes of administration has been changed to the law of this state;
(B)construction of terms of the trust; or
(C)determining the meaning or effect of terms of the trust.