Except as otherwise provided in chapter 669A of NRS, a trustee who invests and manages trust property owes a duty to the beneficiaries of the trust to comply with the prudent investor rule as set forth in NRS 164.700 to 164.775 , inclusive, but a trustee is not liable to a beneficiary to the extent that the trustee: 1. Acted in reasonable reliance on the terms of the trust or a court order; and 2. Determined in good faith to not diversify the investments of a trust pursuant to NRS 164.750 .
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