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2017 Missouri Revised Statutes
Title XXXI TRUSTS AND ESTATES OF DECEDENTS AND PERSONS UNDER DISABILITY
Chapter 456 Trusts and Trustees — The Uniform Trust Code
Section 456.7-705 Resignation of trustee.
Universal Citation: MO Rev Stat § 456.7-705 (2017)
Effective 01 Jan 2005, see footnote
Title XXXI TRUSTS AND ESTATES OF DECEDENTS AND PERSONS UNDER DISABILITY
Chapter 456456.7-705. Resignation of trustee. — 1. A trustee may resign:
(1) upon at least 30 days' notice to the qualified beneficiaries, the settlor, if living, and all cotrustees; or
(2) with the approval of the court.
2. In approving a resignation, the court may issue orders and impose conditions reasonably necessary for the protection of the trust property.
3. 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.
(L. 2004 H.B. 1511)
Effective 1-01-05
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