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2006 Minnesota Statutes
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Chapter 356A
Section 356A.09
Topics
- Bloomington firefighters relief association
- Duluth teachers retirement fund association (dtrfa)
- Fairmont police relief association
- Higher education supplemental retirement plan
- Individual retirement account plan (irap)
- Judges retirement plan (ujrp)
- Legislators retirement plan
- Local government correctional service retirement plan
- Minneapolis employees retirement fund (merf)
- Minneapolis firefighters relief association
- Minneapolis police relief association
- Minnesota state retirement system (msrs)
- Msrs correctional employees retirement fund
- Public employees defined contribution plan
- Public employees police and fire fund
- Public employees retirement association (pera)
- Saint paul teachers retirement fund association (stptrfa)
- State patrol retirement fund
- Teachers retirement association (tra)
- Unclassified employees retirement plan
- University of minnesota faculty retirement plan
- Virginia firefighters relief association
This is an historical version of this statute chapter. Also view the most recent published version.
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.
History: 1989 c 319 art 7 s 9
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.
History: 1989 c 319 art 7 s 9
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Revisor of Statutes