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2016 Minnesota Statutes

524.3-712 IMPROPER EXERCISE OF POWER; BREACH OF FIDUCIARY DUTY.

If the exercise of power concerning the estate is improper, the personal representative is liable to interested persons for damage or loss resulting from breach of fiduciary duty to the same extent as a trustee of an express trust. The rights of purchasers and others dealing with a personal representative shall be determined as provided in sections 524.3-713 and 524.3-714.

History:

1974 c 442 art 3 s 524.3-712; 1986 c 444

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