Current with changes from the 2024 Legislative Session
Section 14.5-705 - Resignation of trustee(a) A trustee may resign with the approval of the court.(b) In approving a resignation of a trustee, the court may issue orders and impose conditions reasonably necessary for the protection of the trust property.(c) Liability of a resigning trustee or of a surety on the bond of the trustee for acts or omissions of the trustee is not discharged or affected by the resignation of the trustee.Added by 2014 Md. Laws, Ch. 585,Sec. 1, eff. 1/1/2015.