View Our Newest Version Here

2009 Kansas Code
Chapter 58a KANSAS UNIFORM TRUST CODE
Article 7 OFFICE OF TRUSTEE
58a-705. Resignation of trustee.

58a-705

Chapter 58a.--KANSAS UNIFORM TRUST CODE
Article 7.--OFFICE OF TRUSTEE

      58a-705.   Resignation of trustee. (a) A trustee may resign:

      (1)   Upon at least 30 days' notice to the qualified beneficiaries 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.

      History:   L. 2002, ch. 133, § 53; Jan. 1, 2003.

Disclaimer: These codes may not be the most recent version. Kansas may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.