Neb. Rev. Stat. » Chapter 30
Nebraska Revised Statutes

Neb. Rev. Stat. § 30-3883 (2026)

Prudent investor rule

✓ current as of July 2026
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(a) Except as otherwise provided in subsection (b) of this section, a trustee who invests and manages trust assets owes a duty to the beneficiaries of the trust to comply with the prudent investor rule set forth in sections 30-3883 to 30-3889.

(b) The prudent investor rule, a default rule, may be expanded, restricted, eliminated, or otherwise altered by the provisions of a trust. A trustee is not liable to a beneficiary to the extent that the trustee acted in reasonable reliance on the provisions of the trust.

Notes of Decisions
Cited in 5 cases (2 in the last 5 years), 2005–2024 · leading case: In Re Trust Created by Inman, 693 N.W.2d 514 (Neb. 2005).
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In Re Trust Created by Inman, 693 N.W.2d 514 (Neb. 2005). · cites it 3× “…Act, formerly codified at Neb. Rev. Stat. §§ 8-2202 to 8-2205 (Reissue 1997), are also now included in the NUTC at §§ 30-3883 to 30-3886. Accordingly, pursuant to § 30-38,110(a)(3), we shall refer to the provisions of the NUTC in discussing the trustee’s duties of loyalty…”
In re Est. of Chess, 995 N.W.2d 675 (Neb. Ct. App. 2023). · cites it 4× “A personal repre- sentative is a fiduciary who must comply with the prudent investor rule set forth at Neb. Rev. Stat. §§ 30-3883 through 30-3889 (Reissue 2016).”
Misle v. Shrier (Neb. Ct. App. 2024). · cites it 3× “” Section 30-3883 provides: (a) Except as otherwise provided in subsection (b) of this section, a trustee who invests and manages trust assets owes a duty to the beneficiaries of the trust to comply with the prudent investor rule set forth in sections 30-3883 to 30-3889.”
In re Est. of Bowley (Neb. Ct. App. 2014). · cites it 2× “(i) Scope of Duties of Fiduciary Personal Representative A personal representative is a fiduciary who must comply with the prudent investor rule set forth in Neb. Rev. Stat §§ 30-3883 to 30-3889 (Reissue 2008).”
In re Guardianship & Conservatorship of Herrick (Neb. Ct. App. 2014). · cites it 2× “§ 30-2646 (Reissue 2008), a conservator is to act as a fiduciary and comply with the pru- dent investor rule set forth in Neb. Rev. Stat. §§ 30-3883 to 30-3889 (Reissue 2008).”
— Neb. Rev. Stat. § 30-3883(b) — 1 case
In Re Trust Created by Inman, 693 N.W.2d 514 (Neb. 2005). “…Act, formerly codified at Neb. Rev. Stat. §§ 8-2202 to 8-2205 (Reissue 1997), are also now included in the NUTC at §§ 30-3883 to 30-3886. Accordingly, pursuant to § 30-38,110(a)(3), we shall refer to the provisions of the NUTC in discussing the trustee’s duties of loyalty…”
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