KRS 386B.7-050: Resignation of trustee.
Where this section sits in the code
(1) A trustee may resign:
(a) Upon at least thirty (30) days' notice to the qualified beneficiaries 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 shall not be discharged or affected by the trustee's
resignation.
Collected 2026-09-05T20:59:19Z. Source file · JSON