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Statutes Text

Article - Estates and Trusts




§14.5–705.

    (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.



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