Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Statute 30 3861 — Nebraska Law | CourtGPT
  1. Home/
  2. Laws/
  3. Nebraska/
  4. Chapter 30 - Decedents' Estates; Protection of Persons and Property30-24,100 - Distribution; Order in Which Assets Appropriated; Abatement/
  5. Article 38/
  6. Statute 30 3861
Nebraska Legal Code

Statute 30 3861

Ask AI about this
30-3861. (UTC 705) Resignation of trustee.(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.Source Laws 2003, LB 130, § 61.