Md. Code, Est. & Trusts § 14.5-705

Current with changes from the 2024 legislative session from Chs. 2 through 1049, effective on or before 6/1/2024
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.

Md. Code, ET § 14.5-705

Added by 2014 Md. Laws, Ch. 585,Sec. 1, eff. 1/1/2015.