Minn. Stat. § 356A.09

Current through 2023, c. 127
Section 356A.09 - FIDUCIARY BREACH; REMEDIES
Subdivision 1.Occurrence of breach.

A fiduciary breach occurs if a fiduciary violates the general standard of fiduciary conduct as specified in section 356A.04 in carrying out the activities of a fiduciary. A fiduciary breach also occurs if a fiduciary of a covered pension plan violates the provisions of section 356A.06, subdivision 9.

Subd. 2.Remedies.

Remedies available for a fiduciary breach by a fiduciary are those specified by statute or available at common law.

Minn. Stat. § 356A.09

1989 c 319 art 7 s 9