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Section 501C.1001 — Remedies For Breach Of Trust.

MN Stat § 501C.1001 (2019) (N/A)
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(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.

History: 2015 c 5 art 10 s 1

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Section 501C.0901 — Investment And Management Of Trust Assets.
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Section 501C.1002 — Damages For Breach Of Trust.