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New Jersey Statutes, Title: 3B, ADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS
Chapter 31: Uniform Trust Code
Section: 3B:31-71: Remedies for breach of trust.
3B:31-71. Remedies for Breach of Trust.
a. A violation by a trustee of a duty the trustee owes to a beneficiary is a breach of trust.
b. 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 N.J.S.3B:31-51;
(8) reduce or deny compensation to the trustee;
(9) subject to N.J.S.3B:14-37, 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.
L.2015, c.276, s.1.
This section added to the Rutgers Database: 2016-02-15 11:39:05.
Older versions of 3b:31-71 (if available):
Court decisions that cite this statute: