Neb. Rev. Stat. §§ 30-4521

Current with changes through the 2024 First Special Legislative Session
Section 30-4521 - Need to distribute not required

An authorized fiduciary may exercise the decanting power whether or not under the first trust's discretionary distribution standard the fiduciary would have made or could have been compelled to make a discretionary distribution of principal at the time of the exercise.

Neb. Rev. Stat. §§ 30-4521

Laws 2020, LB 808, § 31.
Laws 2020, LB 808,§ 31, eff. 11/14/2020.