New Hampshire Statutes
§ 564-B:7-705 — Resignation of Trustee
New Hampshire·Title LVI PROBATE COURTS AND DECEDENTS' ESTATES·Ch. 564-B NEW HAMPSHIRE TRUST CODE·Subdivision ARTICLE 7OFFICE 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.
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New Hampshire § 564-B:7-705 (Resignation of Trustee) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
2004, 130:1, eff. Oct. 1, 2004.
Nearby Sections
15
§ 564-B:1-101
Short Title§ 564-B:1-102
Scope§ 564-B:1-103
Definitions§ 564-B:1-104
Knowledge§ 564-B:1-105
Default and Mandatory Rules§ 564-B:1-106
Common Law of Trusts; Principles of Equity§ 564-B:1-107
Governing Law§ 564-B:1-108
Principal Place of Administration§ 564-B:1-109
Methods and Waiver of Notice§ 564-B:1-110
Others Treated as Qualified Beneficiaries§ 564-B:1-111
Nonjudicial Settlement Agreements§ 564-B:1-111A
Nonjudicial Dispute Resolution§ 564-B:1-112
Rules of Construction§ 564-B:1-113
Precatory Language§ 564-B:10-1001
Remedies for Breach of Trust