Public-domain · open source
OpenJurist

Me. Rev. Stat. tit. 18-B, § 1001

Remedies for breach of trust

PL 2003, c. 618, §A1 (NEW)

1. Violation of duty. A violation by a trustee of a duty the trustee owes to a beneficiary is a breach of trust.

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

A. Compel the trustee to perform the trustee's duties;

B. Enjoin the trustee from committing a breach of trust;

C. Compel the trustee to redress a breach of trust by paying money, restoring property or other means;

D. Order a trustee to account;

E. Appoint a special fiduciary to take possession of the trust property and administer the trust;

F. Suspend the trustee;

G. Remove the trustee as provided in section 706;

H. Reduce or deny compensation to the trustee;

I. Subject to section 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

J. Order any other appropriate relief.

Official source: Maine Legislature. Reproduced from public-domain Maine statutes; confirm against the official source for the current text. Not legal advice.