Nebraska § 6-122 - Ancillary assignee.
Full text of Nebraska Revised Statutes of Nebraska § 6-122 — Ancillary assignee., with citation guidance and answers to common questions.
§ 6-122. Ancillary assignee.
(a) Subject to other law of this state governing a person from another state serving as a fiduciary in this state, a court of competent jurisdiction in this state may appoint a person serving as an assignee in an assignment in another state, or the person's nominee, as an ancillary assignee relating to assigned assets located in this state or subject to the jurisdiction of a court in this state, if:
(1) the person or nominee would be eligible to serve as an assignee under section 6-104; and
(2) the appointment furthers the person's possession, custody, control, or disposition of an assigned asset under the assignment in the other state.
(b) The court may issue an order that implements an order entered in another state appointing or directing an assignee or otherwise concerning an assignment in the other state.
(c) Unless the court orders otherwise, an ancillary assignee appointed under subsection (a) of this section has the rights, powers, and duties of an assignee appointed under the Uniform Assignment for Benefit of Creditors Act.
(d) A person in possession, custody, or control of an assigned asset in this state, other than a creditor holding a lien or a right of setoff or recoupment relating to the asset, shall, on notification in a record by an ancillary assignee appointed under subsection (a) of this section, turn over the asset to the ancillary assignee.
Frequently Asked Questions About Nebraska § 6-122
What does Revised Statutes of Nebraska § 6-122 cover?
Section 6-122 ("Ancillary 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 § 6-122?
A common citation format is "Revised Statutes of Nebraska § 6-122" (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 § 6-122 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.