Minn. Stat. § 501C.1001

Current through 2024, c. 127
Section 501C.1001 - REMEDIES FOR BREACH OF TRUST
(a) A violation by a trustee of a duty the trustee owes to a beneficiary is a breach of trust.
(b) To remedy a breach of trust that has occurred or may occur, the court may:
(1) compel the trustee to perform the trustee's duties;
(2) enjoin the trustee from committing a breach of trust;
(3) compel the trustee to redress a breach of trust by paying money, restoring property, or other means;
(4) order a trustee to account;
(5) appoint a special fiduciary to take possession of the trust property and administer the trust;
(6) suspend the trustee;
(7) remove the trustee as provided in section 501C.0706;
(8) reduce or deny compensation to the trustee;
(9) subject to section 501C.1012, void an act of the trustee, impose a lien or a constructive trust on trust property, or trace trust property wrongfully disposed of and recover the property or its proceeds; or
(10) order any other appropriate relief.

Minn. Stat. § 501C.1001

2015 c 5 art 10 s 1

Added by 2015 Minn. Laws, ch. 5,s 10-1, eff. 1/1/2016.