Resignation of trustee.
N.J. Stat. § 3B:31-50
in effect3B:31-50. Resignation of Trustee. a. A trustee may resign: (1) upon at least 30 days' notice to the qualified beneficiaries, the settlor, if living, all co-trustees, and the trustee or trustees, if any, designated pursuant to the terms of the trust to succeed the resigning trustee; or (2) with the approval of the court. b. In approving a resignation, the court may issue orders and impose conditions reasonably necessary for the protection of the trust property. c. 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.2015, c.276, s.1.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.njleg.state.nj.us/legislative-activity/statutesFetched: 10/17/2026