Current through 2024 Session Acts Chapter 111 and 2024 Special Session Acts Chapter 4
Section 58a-705 - Resignation of trustee(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. L. 2002, ch. 133, § 53; 1/1/2003.