2014 Statute
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58a-705. (a) A trustee may resign: (1) Upon at least 30 days' notice to the qualified beneficiaries and all cotrustees; or (2) with the approval of the court. (b) In approving a resignation, the court may issue orders and impose conditions reasonably necessary for the protection of the trust property. (c) Any liability of a resigning trustee or of any sureties on the trustee's bond for acts or omissions of the trustee is not discharged or affected by the trustee's resignation. |
History: L. 2002, ch. 133, § 53; Jan. 1, 2003. |
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