(a) A trustee may resign with the approval of the court.
(b) In approving a resignation of a trustee, the court may issue orders and impose conditions reasonably necessary for the protection of the trust property.
(c) Liability of a resigning trustee or of a surety on the bond of the trustee for acts or omissions of the trustee is not discharged or affected by the resignation of the trustee.
Structure Maryland Statutes
Title 14.5 - Maryland Trust Act
Subtitle 7 - Office of Trustee
Section 14.5-701 - Acceptance or Rejection of Trusteeship
Section 14.5-705 - Resignation of Trustee
Section 14.5-706 - Removal of Trustee
Section 14.5-707 - Duties of Trustee Following Resignation or Removal
Section 14.5-708 - Commissions or Compensation
Section 14.5-709 - Reimbursement for Expenses; Advances
Section 14.5-711 - Judge, Clerk, Register of Wills Prohibited From Serving as Trustee; Exception