(1) A trustee may resign:(a) Upon at least thirty days' notice to the qualified beneficiaries; the settlor, if living; and all cotrustees; or(b) With the approval of the court.(2) In approving a resignation pursuant to this section, the court may issue orders and impose conditions reasonably necessary for the protection of the trust property.(3) 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.Added by 2018 Ch. 169, § 1, eff. 1/1/2019.L. 2018: Entire article added, (SB 18-180), ch. 169, p. 1170, § 1, effective 1/1/2019.
Colorado Legal Code