(a) A trustee may resign:
(1) Upon at least 30 days’ notice to the qualified beneficiaries, the settlor, if living, and all cotrustees or, if there is no cotrustee, to the next designated successor trustee; 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
(Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208.)
Uniform Law: This section is based upon § 705 of the Uniform Trust Code.
Structure District of Columbia Code
Title 19 - Descent, Distribution, and Trusts. [Enacted title]
Chapter 13 - Uniform Trust Code
Subchapter VII - Office of Trustee
§ 19–1307.01. Accepting or declining trusteeship
§ 19–1307.04. Vacancy in trusteeship; appointment of successor
§ 19–1307.05. Resignation of trustee
§ 19–1307.06. Removal of trustee
§ 19–1307.07. Delivery of property by former trustee