501C.0705 RESIGNATION OF TRUSTEE. (a) A trustee may resign: (1) upon notice to the qualified beneficiaries, the settlor, if living, and all cotrustees; 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. History: 2015 c 5 art 7 s 5
Minnesota Legal Code