Nebraska Revised Statutes

Neb. Rev. Stat. § 30-3866 (2026)

(UTC 801) Duty to administer trust

✓ current as of July 2026
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(UTC 801) Upon acceptance of a trusteeship, the trustee shall administer the trust in good faith, in accordance with its terms and purposes and the interests of the beneficiaries, and in accordance with the Nebraska Uniform Trust Code.

Notes of Decisions
Cited in 9 cases (2 in the last 5 years), 2007–2025 · leading case: Sec. Nat'l Bank v. Rickert, 741 N.W.2d 638 (Neb. 2007).
Sec. Nat'l Bank v. Rickert, 741 N.W.2d 638 (Neb. 2007). · cites it 2× “The court directed the Bank to carry out the terms and administer the trust pursuant to Neb. Rev. Stat. § 30-3866 (Cum. Supp. 2006), and denied the appellants’ motion to dismiss and motion to strike.”
In re Est. of Stuchlik, 289 Neb. 673 (Neb. 2014). · cites it 4× “23 The comments in the Restatement state that the policy behind this law is to prevent trustees’ placing them- selves in positions in which they may be tempted to act for 18 Neb. Rev. Stat. § 30-3866 (Reissue 2008).”
In re Masek Fam. Trust, 318 Neb. 268 (Neb. 2025). · cites it 2× “See Neb. Rev. Stat. §§ 30-3866 to 30-3882 (Reissue 2016 & Cum.”
In re William R. Zutavern Revocable Trust, 309 Neb. 542 (Neb. 2021). “33 § 30-3866. 34 In re Conservatorship of Abbott, supra note 8 ; In re Estate of Stuchlik, supra note 12 .”
In re Conservatorship of Abbott, 890 N.W.2d 469 (Neb. 2017). “ASSIGNMENTS OF ERROR Mark and Marcia assign that the county court erred in (1) appointing a conservator for Marcia; (2) failing to dismiss Russell and Cynthia’s claims in the trust case for lack of standing; (3) removing Mark as trustee; (4) finding that Mark violated §§…”
Rafert v. Meyer, 290 Neb. 219 (Neb. 2015). · cites it 3× “” Neb. Rev. Stat. § 30-3866 (Reissue 2008).”
In re Appropriation A-7603, 291 Neb. 678 (Neb. 2015). · cites it 2× “We recognize that administration of the Trust required adherence to good faith, see Neb. Rev. Stat. § 30-3866 (Reissue 2008), and prudence, see Neb.”
In re Louise v. Steinhoefel Trust (Neb. Ct. App. 2014). · cites it 3× “Neb. Rev. Stat. § 30-3866 (Reissue 2008).”
In re Est. of Robb (Neb. Ct. App. 2013). · cites it 2× “The Nebraska Uniform Trust Code, in turn, states that trustees owe the beneficiaries duties that include the duty of loyalty, impartiality, prudent administration, protection of trust property, proper recordkeeping, and inform- ing and reporting. [10] The duty of loyalty…”
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