Sec. 113.081. RESIGNATION OF TRUSTEE. (a) A trustee may resign in accordance with the terms of the trust instrument, or a trustee may petition a court for permission to resign as trustee.
(b) The court may accept a trustee's resignation and discharge the trustee from the trust on the terms and conditions necessary to protect the rights of other interested persons.
Amended by Acts 1983, 68th Leg., p. 3332, ch. 567, art. 2, Sec. 2, eff. Jan. 1, 1984.
Section: Previous 113.052 113.053 113.054 113.055 113.056 113.057 113.058 113.081 113.082 113.083 113.084 113.085 113.151 113.152 113.171 NextLast modified: September 28, 2016