Nebraska § 30-3207 - Bank or trust company; common trust funds authorized; investments; conditions.
Full text of Nebraska Revised Statutes of Nebraska § 30-3207 — Bank or trust company; common trust funds authorized; investments; conditions., with citation guidance and answers to common questions.
§ 30-3207. Bank or trust company; common trust funds authorized; investments; conditions.
Any bank or trust company qualified to act as fiduciary in this state may establish common trust funds for the purpose of furnishing investments to itself as fiduciary, or to itself and others, as cofiduciaries, and may, as such fiduciary or cofiduciary, invest funds which it lawfully holds for investment in interests in such common trust funds, if such investment is not prohibited by the instrument, judgment, decree, or order creating such fiduciary relationship and if, in the case of cofiduciaries, the bank or trust company procures the consent of its cofiduciaries to such investment.
Source: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 30-3207
What does Revised Statutes of Nebraska § 30-3207 cover?
Section 30-3207 ("Bank or trust company; common trust funds authorized; investments; conditions.") 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 § 30-3207?
A common citation format is "Revised Statutes of Nebraska § 30-3207" (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 § 30-3207 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.