A. A trustee may resign:\n1. Upon at least 30 days' notice to the settlor, if living, to all cotrustees, and to the qualified beneficiaries except those qualified beneficiaries under a revocable trust that the settlor has the capacity to revoke; or\n2. With the approval of the court.\nB. In approving a resignation, the court may issue orders and impose conditions reasonably necessary for the protection of the trust property.\nC. 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.\n2005, c. 935, § 55-547.05; 2012, c. 614.
Virginia Legal Code