South Carolina Statutes
§ 62-7-705 — Resignation of trustee.
South Carolina § 62-7-705
JurisdictionSouth Carolina
Title 62SOUTH CAROLINA PROBATE CODE
Ch.ARTICLE 7 - SOUTH CAROLINA TRUST CODE
This text of South Carolina § 62-7-705 (Resignation of trustee.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.C. Code Ann. § 62-7-705 (2026).
Text
(a)A trustee may resign:
(1)upon at least 30 days notice in writing 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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Legislative History
HISTORY: 2005 Act No. 66, SECTION 1; 2013 Act No. 100, SECTION 2, eff January 1, 2014.
Nearby Sections
15
§ 62-1-100
Effective date.§ 62-1-101
Short title.§ 62-1-102
Purposes; rules of construction.§ 62-1-104
Severability.§ 62-1-105
Construction against implied repeal.§ 62-1-106
Effect of fraud and evasion.§ 62-1-107
Evidence as to death or status.§ 62-1-108
Acts by holder of general power.§ 62-1-111
Authority to award costs and expenses.§ 62-1-112
Inherent power of court.§ 62-1-201
General definitions.§ 62-1-301
Territorial application.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 62-7-705, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/62-7-705.