<?xml version='1.0' encoding='utf-8'?>
<section article="get" article_name="Estates and Trusts" number="14.5-705" title_number="14.5" title_name="Maryland Trust Act" subtitle_number="7" subtitle_name="Office of Trustee">
  <level label="a">
    <text>A trustee may resign:</text>
    <level label="1">
      <text>On at least 30 days’ notice to:</text>
      <level label="i">
        <text>The qualified beneficiaries;</text>
      </level>
      <level label="ii">
        <text>The settlor, if living;</text>
      </level>
      <level label="iii">
        <text>All cotrustees; and</text>
      </level>
      <level label="iv">
        <text>Any person that has a right to replace or appoint a successor to the resigning trustee; or</text>
      </level>
    </level>
    <level label="2">
      <text>With the approval of the court.</text>
    </level>
  </level>
  <level label="b">
    <text>In approving a resignation of a trustee, the court may issue orders and impose conditions reasonably necessary for the protection of the trust property.</text>
  </level>
  <level label="c">
    <text>Liability of a resigning trustee or of a surety on the bond of the trustee for acts or omissions of the trustee is not discharged or affected by the resignation of the trustee.</text>
  </level>
</section>
