{"data":{"id":"us-ne/neb.-rev.-stat.-30-3130","jurisdiction":"us-ne","citation":"Neb. Rev. Stat. § 30-3130","heading":"Principal receipts.","body":"A trustee shall allocate to principal:\n(1) to the extent not allocated to income under the Uniform Principal and Income Act, assets received from a transferor during the transferor's lifetime, a decedent's estate, a trust with a terminating income interest, or a payer under a contract naming the trust or its trustee as beneficiary;\n(2) money or other property received from the sale, exchange, liquidation, or change in form of a principal asset, including realized profit, subject to sections 30-3127 to 30-3141;\n(3) amounts recovered from third parties to reimburse the trust because of disbursements described in subdivision (a)(7) of section 30-3143 or for other reasons to the extent not based on the loss of income;\n(4) proceeds of property taken by eminent domain, but a separate award made for the loss of income with respect to an accounting period during which a current income beneficiary had a mandatory income interest is income;\n(5) net income received in an accounting period during which there is no beneficiary to whom a trustee may or must distribute income; and\n(6) other receipts as provided in sections 30-3134 to 30-3141.","path":["Chapter 30 - DECEDENTS' ESTATES; PROTECTION OF PERSONS AND PROPERTY"],"source_url":"https://nebraskalegislature.gov/laws/statutes.php?statute=30-3130","current_through":"Laws 2026","vintage":"","retrieved_at":"2026-10-18T05:56:52Z","sha256":"5a946892730b7cf9b6d80139aaf815a9a4eeafb90a997a5a2b6716fd020695f4","source_id":"us-ne","stale":false,"prev":"us-ne/neb.-rev.-stat.-30-3129","next":"us-ne/neb.-rev.-stat.-30-3131"},"notice":"GroundRules: Original legal text. Not legal advice."}