Section 456.10-1001

Title XXXI TRUSTS AND ESTATES OF DECEDENTS AND PERSONS UNDER DISABILITY

Chapter 456

Effective - 01 Jan 2005, see footnote   

  456.10-1001.  Remedies for breach of trust. — 1.  A violation by a trustee of a duty the trustee owes to a beneficiary is a breach of trust.

  2.  To remedy a breach of trust that has occurred or may occur, the court may:

  (1)  compel the trustee to perform the trustee's duties;

  (2)  enjoin the trustee from committing a breach of trust;

  (3)  compel the trustee to redress a breach of trust by paying money, restoring property, or other means;

  (4)  order a trustee to account;

  (5)  appoint a special fiduciary to take possession of the trust property and administer the trust;

  (6)  suspend the trustee;

  (7)  remove the trustee as provided in section 456.7-706;

  (8)  reduce or deny compensation to the trustee;

  (9)  subject to section 456.10-1012, void an act of the trustee, impose a lien or a constructive trust on trust property, or trace trust property wrongfully disposed of and recover the property or its proceeds; or

  (10)  order any other appropriate relief.

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(L. 2004 H.B. 1511)

Effective 1-01-05