3B:31-5. Default and Mandatory Rules.
   a.   Except as otherwise provided in the terms of the trust, this act governs the duties and powers of a trustee, relations among trustees, and the rights and interests of a beneficiary.
 
   b.   The terms of a trust prevail over any provision of this act except:
 
   (1)   the requirements for creating a trust;
 
   (2)   the duty of a trustee to act in good faith and in accordance with the purposes of the trust;
 
   (3)   the requirement that a trust and its terms be for the benefit of its beneficiaries, and that the trust have a purpose that is lawful, not contrary to public policy, and possible to achieve;
 
   (4)   the power of the court to modify or terminate a trust under N.J.S.3B:31-26 through N.J.S.3B:31-33;
 
   (5)   the effect of a spendthrift provision and the rights of certain creditors and assignees to reach a trust as provided in article 4 of this act;
 
   (6)   the power of the court under N.J.S.3B:31-47 to require, dispense with, or modify or terminate a bond;
 
   (7)   the duty under subsections a. and b. of N.J.S.3B:31-67 to respond to the request of a qualified beneficiary of an irrevocable trust who has attained the age of 35 years for a copy of the trust instrument or for other information reasonably related to the administration of the trust;
 
   (8)   the effect of an exculpatory term under N.J.S.3B:31-77;
 
   (9)   the rights under N.J.S.3B:31-79 through N.J.S.3B:31-81 of a person other than a trustee or beneficiary;
 
   (10) periods of limitation for commencing a judicial proceeding; and
 
   (11) the power of the court to take such action and exercise such jurisdiction as may be necessary in the interests of justice.
 
   L.2015, c.276, s.1.