Minnesota · Through 2025 Minnesota Statutes

Minn. Stat. § 356A.09: FIDUCIARY BREACH; REMEDIES.

Where this section sits in the code

RETIREMENT
CHAPTER 356A. PUBLIC PENSION FIDUCIARY RESPONSIBILITY

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.

Collected 2026-09-02T22:10:43Z. Source file · JSON

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