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§ 36c-7-705 — North Carolina Law | CourtGPT
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  6. § 36c-7-705
North Carolina Legal Code

§ 36c-7-705

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\n(a) A trustee may resign:\n(1) Upon at least 30 days' notice in writing to the qualified beneficiaries, the settlor, if living, and all cotrustees; or\n(2) With the approval of the court.\n(b) In approving a resignation, the court may issue orders and impose conditions reasonably necessary for the protection of the trust property.\n(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. (2005-192, s. 2.)