Nebraska § 6-118 - Assignee removal; successor assignee.
Full text of Nebraska Revised Statutes of Nebraska § 6-118 — Assignee removal; successor assignee., with citation guidance and answers to common questions.
§ 6-118. Assignee removal; successor assignee.
(a) The assignor or a creditor may request a court of competent jurisdiction in this state to remove the assignee, if the assignor or creditor has a reasonable belief grounds for removal exist under subsection (b) of this section.
(b) After a request under subsection (a) of this section or on the court's initiative in an action pending before the court under section 6-121, the court may remove an assignee:
(1) for cause, including the assignee's fraud, dishonesty, incompetence, gross mismanagement, or failure to comply with the Uniform Assignment for Benefit of Creditors Act; or
(2) if removal of the assignee best serves the interests of the creditors.
(c) After an assignee resigns, or is removed, dies, or becomes incapacitated, a successor assignee provided for in the assignment agreement becomes the assignee, unless the successor assignee is not eligible to be an assignee under subsection (a) of section 6-104 or is subject to removal under subsection (b) of this section. A court shall appoint a successor assignee if:
(1) the assignment agreement does not provide for a successor assignee; or
(2) the successor assignee provided for in the assignment agreement is ineligible to be an assignee under subsection (a) of section 6-104 or is subject to removal under subsection (b) of this section.
(d) Subject to section 6-117, an assignee that resigns, or is removed, dies, or becomes incapacitated, is discharged from the assignee's duties under the Uniform Assignment for Benefit of Creditors Act when the assignee, or a representative of a deceased or incapacitated assignee:
(1) accounts for and turns over to the successor assignee all assets of the assignment estate; and
(2) submits to creditors a report summarizing the receipts and disbursements made during the service of the assignee.
(e) Subject to an applicable privilege, a court may order an attorney, accountant, or other person that has information in a record relating to the assignment estate or the assignor's financial affairs to turn over or disclose the record to the successor assignee.
Source: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 6-118
What does Revised Statutes of Nebraska § 6-118 cover?
Section 6-118 ("Assignee removal; successor assignee.") is part of the Revised Statutes of Nebraska, the codified statutory law of Nebraska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nebraska § 6-118?
A common citation format is "Revised Statutes of Nebraska § 6-118" (Nebraska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nebraska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nebraska official source linked on this page or consult a licensed Nebraska attorney.
How does Nebraska § 6-118 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nebraska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nebraska.