Va. Code § 64.2-758: Resignation of trustee
Where this section sits in the code
- Title 64.2. WILLS, TRUSTS, AND FIDUCIARIES
- Subtitle III. TRUSTS
- Chapter 7. UNIFORM TRUST CODE
- Article 7. OFFICE OF TRUSTEE
A. A trustee may resign:1. Upon at least 30 days' notice to the settlor, if living, to all cotrustees, and to the qualified beneficiaries except those qualified beneficiaries under a revocable trust that the settlor has the capacity to revoke; or2. 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, c. 935, § 55-547.05; 2012, c. 614.
Collected 2026-09-04T15:18:14Z. Source file · JSON