Maine Statutes
§ 18-B §705 — Resignation of trustee
1.Resignation.
A trustee may resign:
2.Approval by court.
In approving a resignation, the court may issue orders and impose conditions reasonably necessary for the protection of the trust property.
3.Liability.
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.
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Legislative History
PL 2003, c. 618, §A1 (NEW). PL 2003, c. 618, §A2 (AFF).
Nearby Sections
15
§ 18 §1
By whom and how made§ 18 §1001
Rules of descent§ 18 §1002
Degrees of kindred§ 18 §1004
Posthumous child takes intestate share§ 18 §1005
Child or issue may have intestate share§ 18 §1006
Contribution to loss by devisee§ 18 §1008
Rights of heirs of deceased devisees§ 18 §102
Petition for probate; notice§ 18 §103
Competency of witnesses§ 18 §104
Depositions