Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
§ 564-b-7-705 — New Hampshire Law | CourtGPT
  1. Home/
  2. Laws/
  3. New Hampshire/
  4. Title Lvi - Probate Courts and Decedents' Estates/
  5. Chapter 564-b - New Hampshire Trust Code/
  6. § 564-b-7-705
New Hampshire Legal Code

§ 564-b-7-705

Ask AI about this
564-B:7-705 Resignation of Trustee. – (a) A trustee may resign: (1) upon at least 30 days' 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. Source. 2004, 130:1, eff. Oct. 1, 2004.