75B-2-105. Default and mandatory rules.
(1) Except as otherwise provided in the terms of the trust, this chapter governs the duties and powers of a trustee, relations among trustees, and the rights and interests of a beneficiary.
(2) Except as specifically provided in this chapter, the terms of a trust prevail over any provision of this chapter except: the requirements for creating a trust; subject to Sections,, and, the duty of a trustee to act in good faith and in accordance with the purposes of the trust; 75B-3-109 75B-3-111 75B-3-112 the requirement that a trust and the terms of the trust be for the benefit of the trust's beneficiaries; the power of the court to modify or terminate a trust under Sectionsthrough; 75B-2-410 75B-2-416 the effect of a spendthrift provision, an asset protection trust described in Chapter 1, Part 3, Asset Protection Trust, and the rights of certain creditors and assignees to reach a trust as provided in, Spendthrift and Discretionary Trusts; Part 5 the power of the court under Sectionto require, dispense with, or modify or terminate a bond; 75B-2-702 the effect of an exculpatory term under Section; 75B-2-1008 the rights under Sectionsthroughof a person other than a trustee or beneficiary; 75B-2-1010 75B-2-1013 periods of limitation for commencing a judicial proceeding; and the jurisdiction and venue requirements for an action involving a trust as described in Sectionsand. 75B-2-203 75B-2-205