{"data":{"id":"us-mn/minn.-stat.-501c.1003","jurisdiction":"us-mn","citation":"Minn. Stat. § 501C.1003","heading":"REMEDIES IN ABSENCE OF BREACH.","body":"(a) A trustee is chargeable for any profit made by the trustee arising from the administration of the trust, even absent a breach of trust.\n(b) Absent a breach of trust, a trustee is not liable for a loss or depreciation in the value of trust property or for not having made a profit.\n(c) This section does not limit a trustee's right to payments that are permitted under section 501C.0802.","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.1003","current_through":"2025 Minnesota Statutes","vintage":"","retrieved_at":"2026-09-02T22:10:48Z","sha256":"50405b33929f5514ae9aa9d66e1182de5414b520e837d108bec98d7f35fd09b4","source_id":"us-mn","stale":false,"prev":"us-mn/minn.-stat.-501c.1002","next":"us-mn/minn.-stat.-501c.1004"},"notice":"GroundRules: Original legal text. Not legal advice."}