Nebraska Statutes 30-4017. Agent’s liability
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An agent that violates the Nebraska Uniform Power of Attorney Act is liable to the principal or the principal’s successors in interest for the amount required to:
Terms Used In Nebraska Statutes 30-4017
- Attorney: shall mean attorney at law. See Nebraska Statutes 49-801
- Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
(1) Restore the value of the principal’s property to what it would have been had the violation not occurred; and
(2) In a judicial proceeding involving the administration of a power of attorney, the court, as justice may require, may award costs and expenses, including reasonable attorney’s fees to any party, to be paid by another party.