Nebraska § 8-226 - Trust terms; use restricted; penalty.
Full text of Nebraska Revised Statutes of Nebraska § 8-226 — Trust terms; use restricted; penalty., with citation guidance and answers to common questions.
§ 8-226. Trust terms; use restricted; penalty.
(1) No individual, firm, corporation, or association doing business directly or indirectly in the State of Nebraska shall use the words trust, trust company, trust association, or trust fund as any part of its title except:
(a) A trust company as defined in section 8-230;
(b) A trust company chartered and supervised under the laws of the United States or any other state;
(c) A bank or savings association chartered and supervised under the laws of the United States or any other state, if such bank or savings association has been further chartered to conduct a trust company business;
(d) An entity with a pending application for a trust company chartered under the Nebraska Trust Company Act, provided that if the entity's application is withdrawn or denied, the entity shall cease using the words trust, trust company, trust association, or trust fund as any part of its title within thirty days after the withdrawal or denial of the application;
(e) A limited partnership to the extent authorized by subdivision (5) of section 67-234;
(f) An entity required by any other law to use such words; or
(g) Except as provided in subsection (2) of this section.
(2) Notwithstanding the provisions of subsection (1) of this section:
(a) An organization described in section 501(c)(3) of the Internal Revenue Code and exempt from taxation under section 501(a) of the code may use the words trust or trust fund;
(b) A trust created by a testamentary or fiduciary document may use the word trust; and
(c) An account in a financial institution established by or on behalf of trusts referenced in subdivision (b) of this subsection may use the words trust or trust fund.
(3) A violation of this section is a Class V misdemeanor.
Source: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 8-226
What does Revised Statutes of Nebraska § 8-226 cover?
Section 8-226 ("Trust terms; use restricted; penalty.") 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 § 8-226?
A common citation format is "Revised Statutes of Nebraska § 8-226" (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 § 8-226 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.