FEDERAL · 29 U.S.C. · Chapter SUBCHAPTER I—PROTECTION OF EMPLOYEE BENEFIT RIGHTS
Liability for breach of fiduciary duty
29 U.S.C. § 1109
Title29 — Labor
SubtitleB
ChapterSUBCHAPTER I—PROTECTION OF EMPLOYEE BENEFIT RIGHTS
Partpart 4—fiduciary responsibility
This text of 29 U.S.C. § 1109 (Liability for breach of fiduciary duty) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
29 U.S.C. § 1109.
Text
(a)Any person who is a fiduciary with respect to a plan who breaches any of the responsibilities, obligations, or duties imposed upon fiduciaries by this subchapter shall be personally liable to make good to such plan any losses to the plan resulting from each such breach, and to restore to such plan any profits of such fiduciary which have been made through use of assets of the plan by the fiduciary, and shall be subject to such other equitable or remedial relief as the court may deem appropriate, including removal of such fiduciary. A fiduciary may also be removed for a violation of section 1111 of this title.
(b)No fiduciary shall be liable with respect to a breach of fiduciary duty under this subchapter if such breach was committed before he became a fiduciary or after he ceased to b
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Source Credit
History
(Pub. L. 93–406, title I, §409, Sept. 2, 1974, 88 Stat. 886.)
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Bluebook (online)
29 U.S.C. § 1109, Counsel Stack Legal Research, https://law.counselstack.com/usc/29/1109.