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The Florida Senate

2009 Florida Statutes

Section 736.0705, Florida Statutes 2009

736.0705  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.

History.--s. 7, ch. 2006-217.