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Marginalia
Code · Minnesota · Chapter 356

356A.09 FIDUCIARY BREACH; REMEDIES.

82 words·~1 min read·/mn/chapter-356/356a-09

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356A.09 FIDUCIARY BREACH; REMEDIES.
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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 .
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Subd. 2. Remedies.
Remedies available for a fiduciary breach by a fiduciary are those specified by statute or available at common law.
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