{"data":{"id":"us-ne/neb.-rev.-stat.-30-3136","jurisdiction":"us-ne","citation":"Neb. Rev. Stat. § 30-3136","heading":"Neb. Rev. Stat. § 30-3136","body":"(a) In this section, liquidating asset means an asset whose value will diminish or terminate because the asset is expected to produce receipts for a period of limited duration. The term includes a leasehold, patent, copyright, royalty right, and right to receive payments during a period of more than one year under an arrangement that does not provide for the payment of interest on the unpaid balance. The term does not include a payment subject to section 30-3135 , resources subject to section 30-3137 , timber subject to section 30-3138 , an activity subject to section 30-3140 , an asset subject to section 30-3141 , or any asset for which the trustee establishes a reserve for depreciation under section 30-3144 .\n\n(b) A trustee shall allocate to income ten percent of the receipts from a liquidating asset and the balance to principal.","path":["NE Code","Chapter 30"],"source_url":"https://nebraskalegislature.gov/laws/statutes.php?statute=30-3136","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:21Z","sha256":"bfd2a44e909582ce628789f1de48d9bbb21c3be63030ad69098d35f38815217a","source_id":"us-ne","stale":false,"prev":"us-ne/neb.-rev.-stat.-30-3135.01","next":"us-ne/neb.-rev.-stat.-30-3137"},"notice":"GroundRules: Original legal text. Not legal advice."}