{"data":{"id":"us-ne/neb.-rev.-stat.-30-38-101","jurisdiction":"us-ne","citation":"Neb. Rev. Stat. § 30-38,101","heading":"(UTC 1012) Protection of person dealing with trustee.","body":"(UTC 1012) (a) A person other than a beneficiary who in good faith assists a trustee, or who in good faith and for value deals with a trustee, without knowledge that the trustee is exceeding or improperly exercising the trustee's powers is protected from liability as if the trustee properly exercised the power.\n(b) A person other than a beneficiary who in good faith deals with a trustee is not required to inquire into the extent of the trustee's powers or the propriety of their exercise.\n(c) A person who in good faith delivers assets to a trustee need not ensure their proper application.\n(d) A person other than a beneficiary who in good faith assists a former trustee, or who in good faith and for value deals with a former trustee, without knowledge that the trusteeship has terminated is protected from liability as if the former trustee were still a trustee.\n(e) Comparable protective provisions of other laws relating to commercial transactions or transfer of securities by fiduciaries prevail over the protection provided by this section.","path":["Chapter 30 - DECEDENTS' ESTATES; PROTECTION OF PERSONS AND PROPERTY"],"source_url":"https://nebraskalegislature.gov/laws/statutes.php?statute=30-38,101","current_through":"Laws 2026","vintage":"","retrieved_at":"2026-10-18T05:56:52Z","sha256":"d3e927c88d9b3e80549abf9d1c40129c3a6d79c60caf8cb520576dfa508af6a5","source_id":"us-ne","stale":false,"prev":"us-ne/neb.-rev.-stat.-30-38-100","next":"us-ne/neb.-rev.-stat.-30-38-102"},"notice":"GroundRules: Original legal text. Not legal advice."}