C.R.S. § 15-5-705: Resignation of trustee.

(1) A trustee may resign:

(a) Upon at least thirty 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 pursuant to this section, 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.