Va. Code § 64.2-758

Current with changes from the 2024 Special Session I, ch. 2
Section 64.2-758 - Resignation of trustee
A. A trustee may resign:
1. Upon at least 30 days' notice to the settlor, if living, to all cotrustees, and to the qualified beneficiaries except those qualified beneficiaries under a revocable trust that the settlor has the capacity to revoke; 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.

Va. Code § 64.2-758

2005, c. 935, § 55-547.05; 2012, c. 614.
Amended by Acts 2012, c. 614.
Amended by Acts 2005, c. 935, § 55-547.05.