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Maryland · Through 2026-01-01

Md. Code, Estates and Trusts § 14.5–705

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Where this section sits in the code
  1. Article - Estates and Trusts

(a) A trustee may resign:

(1) On at least 30 days’ notice to:

(i) The qualified beneficiaries;

(ii) The settlor, if living;

(iii) All cotrustees; and

(iv) Any person that has a right to replace or appoint a successor to the resigning trustee; or

(2) With the approval of the court.

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

(c) Liability of a resigning trustee or of a surety on the bond of the trustee for acts or omissions of the trustee is not discharged or affected by the resignation of the trustee.

Collected 2026-09-14T19:58:07Z. Source file · JSON

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