Revisor Home

Title XXXI TRUSTS AND ESTATES OF DECEDENTS AND PERSONS UNDER DISABILITY

Chapter 456

previous next Effective - 01 Jan 2005, see footnotebottom

  456.7-705.  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


---- end of effective   01 Jan 2005 ----

use this link to bookmark section  456.7-705


In accordance with Section 3.090, the language of statutory sections enacted during a legislative session are updated and available on this website on the effective date of such enacted statutory section. Revisor Home    

Other Information
 Recent Sections Editorials May Be Cited As Tables & Forms Multiple Enact
Repeal & Transfer Definitions

Site changes Contact
Other Links
Oversight Library MO WebMasters
Senate
Missouri Senate
State of Missouri
MO.gov
House
Missouri House

@23:19:39.6 32