For the purposes of NRS 163.553 to 163.557, inclusive, a fiduciary is a ‘directed fiduciary’ with respect to any action that the fiduciary:

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1.  Has no power to take under the terms of the governing instrument;

2.  Is mandated by the governing instrument and for which the fiduciary has no discretion to act otherwise; and

3.  Is directed to take or prohibited from taking by a directing trust adviser.