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)