(UDTA 16) Unless the terms of a trust provide otherwise, the rules applicable to a trustee apply to a trust director regarding the following matters:

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Terms Used In Nebraska Statutes 30-4316

  • Trustee: A person or institution holding and administering property in trust.

(1) acceptance under section 30-3857 ;

(2) giving of bond to secure performance under section 30-3858 ;

(3) reasonable compensation under section 30-3864 ;

(4) resignation under section 30-3861 ;

(5) removal under section 30-3862 ; and

(6) vacancy and appointment of successor under section 30-3860.