2013 Nevada Revised Statutes
Chapter 163 - Trusts
NRS 163.558 - Authority of settlor to specify conditions.
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.
(Added to NRS by 2011, 1465)
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