{"data":{"id":"us-mn/minn.-stat.-501c.1002","jurisdiction":"us-mn","citation":"Minn. Stat. § 501C.1002","heading":"DAMAGES FOR BREACH OF TRUST.","body":"(a) A trustee who commits a breach of trust is liable for the greater of:\n(1) the amount required to restore the value of the trust property and trust distributions to what they would have been had the breach not occurred; or\n(2) the profit the trustee made by reason of the breach.\n(b) If more than one trustee is liable for a breach of trust, a trustee is entitled to contribution or indemnity from the other trustee or trustees as the court may determine.","path":["PROPERTY AND PROPERTY INTERESTS","CHAPTER 501C. TRUSTS","LIABILITY OF TRUSTEES AND RIGHTS OF PERSON DEALING WITH TRUSTEE"],"source_url":"https://www.revisor.mn.gov/statutes/cite/501C.1002","current_through":"2025 Minnesota Statutes","vintage":"","retrieved_at":"2026-09-02T22:10:48Z","sha256":"8c19f3bc4888316f6c102fd5066d6e49f1aba5ab0af74f0eaed4c1bd9f494f75","source_id":"us-mn","stale":false,"prev":"us-mn/minn.-stat.-501c.1001","next":"us-mn/minn.-stat.-501c.1003"},"notice":"GroundRules: Original legal text. Not legal advice."}