Current through P.A. Acts 2023-66
Section 7765 - Resignation of trustee; filing resignation(a)[Repealed by 2016 Amendment.](a.1)General rule.--A trustee may resign:(2) without court approval if authorized to resign by the trust instrument; or(3) pursuant to a nonjudicial settlement agreement described in section 7710.1 (relating to nonjudicial settlement agreements - UTC 111).(b) [Repealed by 2016 Amendment.](c) [Repealed by 2016 Amendment.](d) Liability.--The resignation of a trustee shall not by itself relieve the resigning trustee of liability in connection with the administration of the trust.(e) Filing resignation.--A resignation of a trustee may be filed with the clerk of the court having jurisdiction over the trust.Amended by P.L. TBD 2016 No. 79, § 15, eff. 1/1/2017.2006, July 7, P.L. 625, No. 98, § 9, effective in 120 days [Nov. 6, 2006].