(1) The District Court shall remove a guardian, limited guardian, or conservator if:
(a) The guardian, limited guardian, or conservator becomes insane, moves out of the Commonwealth, becomes incapable of discharging the duties of the appointment, or fails for any reason to discharge the duties of the appointment; or (b) The District Court deems the removal of the guardian, limited guardian, or conservator to be in the best interest of the ward.
(2) The District Court may permit a guardian, limited guardian, or conservator to resign if the guardian, limited guardian, or conservator first files a final settlement and delivers the ward's estate as directed by the District Court.
(3) When a guardian, limited guardian, or conservator resigns or is removed from office by the District Court, the District Court shall appoint a new person or entity to serve as the ward's guardian, limited guardian, or conservator.
(4) The District Court may remove a guardian, limited guardian, or conservator for failing to make an account or inventory as required by law, or as may be required by the District Court, or for failing to give additional surety when required.