Nebraska Statutes 30-4314. (UDTA 14) Defenses in action against trust director
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(UDTA 14) In an action against a trust director for breach of trust, the director may assert the same defenses a trustee in a like position and under similar circumstances could assert in an action for breach of trust against the trustee.
Terms Used In Nebraska Statutes 30-4314
- Action: shall include any proceeding in any court of this state. See Nebraska Statutes 49-801
- Trustee: A person or institution holding and administering property in trust.