NRS 163.558: Authority of settlor to specify conditions.
Where this section sits in the code
- TITLE 13 — GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS
- CHAPTER 163 - TRUSTS
- MISCELLANEOUS PROVISIONS
Except to the extent that it violates public policy, a settlor may:
1. Make a devise conditional upon a beneficiary’s action or failure to take action or upon the occurrence or nonoccurrence of one or more specified events; and
2. Specify the conditions or actions which would disqualify a person from serving or which would constitute cause for removal of a person who is serving in any capacity under the trust, including, without limitation, as a trustee, trust protector or trust adviser.
Collected 2026-09-03T05:51:33Z. Source file · JSON