{"data":{"id":"us-me/18-b-m.r.s.-705","jurisdiction":"us-me","citation":"18-B M.R.S. §705","heading":"Resignation of trustee","body":"1.  Resignation.  A trustee may resign:\nA.  Upon at least 30 days' notice to the qualified beneficiaries, the settlor, if living, and all cotrustees; or\nB.  With the approval of the court.\n2.  Approval by court.  In approving a resignation, the court may issue orders and impose conditions reasonably necessary for the protection of the trust property.\n3.  Liability.  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.","path":["TITLE 18-B: TRUSTS","PART 1: MAINE UNIFORM TRUST CODE","CHAPTER 7: OFFICE OF TRUSTEE"],"source_url":"https://legislature.maine.gov/statutes/18-B/title18-Bsec705.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:29Z","sha256":"921b7d1f9f353c1abbcbba39dc23ea213527ef9d9494abd501014c2b8b7d9283","source_id":"us-me","stale":false,"prev":"us-me/18-b-m.r.s.-704","next":"us-me/18-b-m.r.s.-706"},"notice":"GroundRules: Original legal text. Not legal advice."}