(UTC 804) Prudent administration.

  1. Law
  2. Nebraska Revised Statutes
  3. Decedents' Estates; Protection of Persons and Property
  4. (UTC 804) Prudent administration.

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30-3869. (UTC 804) Prudent administration.

(UTC 804) A trustee shall administer the trust as a prudent person would, by considering the purposes, terms, distributional requirements, and other circumstances of the trust. In satisfying this standard, the trustee shall exercise reasonable care, skill, and caution.

Source

  • Laws 2003, LB 130, § 69.


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