N.J.S.A. 3B:31-71 — Remedies for breach of trust.

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 is the verbatim text of N.J.S.A. 3B:31-71, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.