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.
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