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Statute 30 4505 — Nebraska Law | CourtGPT
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Nebraska Legal Code

Statute 30 4505

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30-4505. Application; governing law.The Uniform Trust Decanting Act applies to a trust created before, on, or after November 14, 2020, which:(1) has its principal place of administration in this state, including a trust whose principal place of administration has been changed to this state; or(2) provides by its trust instrument that it is governed by the law of this state or is governed by the law of this state for the purpose of:(A) administration, including administration of a trust whose governing law for purposes of administration has been changed to the law of this state;(B) construction of terms of the trust; or(C) determining the meaning or effect of terms of the trust.Source Laws 2020, LB808, § 15.