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Minnesota · Through 2025 Minnesota Statutes

Minn. Stat. § 501C.0705: RESIGNATION OF TRUSTEE.

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Where this section sits in the code
  1. PROPERTY AND PROPERTY INTERESTS
  2. CHAPTER 501C. TRUSTS
  3. OFFICE OF TRUSTEE

(a) A trustee may resign:

(1) upon 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.

Collected 2026-09-02T22:10:48Z. Source file · JSON

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