This is an historical version of this statute chapter. Also view the most recent published version.
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.
Remedies available for a fiduciary breach by a fiduciary are those specified by statute or available at common law.
Copyright © 2009 by the Revisor of Statutes, State of Minnesota. All rights reserved.