Minnesota § 356A.09 FIDUCIARY BREACH; REMEDIES

Minnesota Statutes

§ 356A.09 — FIDUCIARY BREACH; REMEDIES

Minnesota § 356A.09

PartRETIREMENT

Ch. 356APUBLIC PENSION FIDUCIARY RESPONSIBILITY

This text of Minnesota § 356A.09 (FIDUCIARY BREACH; REMEDIES) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Minn. Stat. § 356A.09 (2026).

Text

Subdivision 1.Occurrence of breach.
A fiduciary breach occurs if a fiduciary violates the general standard of fiduciary conduct as specified in section356A.04in carrying out the activities of a fiduciary. A fiduciary breach also occurs if a fiduciary of a covered pension plan violates the provisions of section356A.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.

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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 section356A.04in carrying out the activities of a fiduciary. A fiduciary breach also occurs if a fiduciary of a covered pension plan violates the provisions of section356A.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.