GroundRules
← Search the law
North Carolina · Through S.L. 2026-30

N.C. Gen. Stat. § 36C-7-705: Resignation of trustee.

Read at publisher ↗
Where this section sits in the code
  1. Chapter 36C. North Carolina Uniform Trust Code.
  2. Article 7. Office of Trustee.

(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. (2005-192, s. 2.)

Collected 2026-08-27T18:01:17Z. Source file · JSON

Browse this collection