Montana § 72-38-705 Resignation Of Trustee

Montana Statutes

§ 72-38-705 — Resignation Of Trustee

Montana § 72-38-705

Title 72ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS

Ch. 38MONTANA UNIFORM TRUST CODE

Part 7Office of Trustee

This text of Montana § 72-38-705 (Resignation Of Trustee) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 72-38-705 (2026).

Text

72-38-705 . Resignation of trustee.

(1)A trustee may resign:

(a)upon at least 30 days' notice to the qualified beneficiaries, the settlor, if living, and all cotrustees; or

(b)with the approval of the court.

(2)In approving a resignation, the court may issue orders and impose conditions reasonably necessary for the protection of the trust property.

(3)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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72-38-705 . Resignation of trustee. (1) A trustee may resign:
(a) upon at least 30 days' notice to the qualified beneficiaries, the settlor, if living, and all cotrustees; or
(b) with the approval of the court.
(2) In approving a resignation, the court may issue orders and impose conditions reasonably necessary for the protection of the trust property.
(3) 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.