Mont. Code Ann. § 72-38-705

72-38-705 Resignation of trustee

Year: 2026Length: 89 wordsSubsections: 2Official source
72-38-705 . Resignation of trustee. (1) A trustee may resign: (a) upon at least 30 days' notice to the qualified beneficiaries, the settlor, if living, and all cotrustees; or (b) 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.
Mont. Code Ann. § 72-38-705: 72-38-705 Resignation of trustee | Justis AI