Neb. Rev. Stat. § 30-3861: (UTC 705) Resignation of trustee.
Where this section sits in the code
- Chapter 30 - DECEDENTS' ESTATES; PROTECTION OF PERSONS AND PROPERTY
(UTC 705) (a) A trustee may resign:
(1) upon at least thirty days' notice to the qualified beneficiaries, the settlor, if living, and all cotrustees; or
(2) with the approval of the court.
(b) In approving a resignation, the court may issue orders and impose conditions reasonably necessary for the protection of the trust property.
(c) Any liability of a resigning trustee or of any sureties on the trustee's bond for acts or omissions of the trustee is not discharged or affected by the trustee's resignation.
Collected 2026-10-18T05:56:52Z. Source file · JSON