2005 Montana Code Annotated - 72-34-506 — Remedies for breach of trust.

     72-34-506. Remedies for breach of trust. (1) If a trustee commits a breach of trust, or threatens to commit a breach of trust, a beneficiary or cotrustee of the trust may commence a proceeding for any of the following purposes that is appropriate:
     (a) to compel the trustee to perform the trustee's duties;
     (b) to enjoin the trustee from committing a breach of trust;
     (c) to compel the trustee to redress a breach of trust by payment of money or otherwise;
     (d) to appoint a receiver or temporary trustee to take possession of the trust property and administer the trust;
     (e) to remove the trustee;
     (f) subject to 72-36-201, to set aside acts of the trustee;
     (g) to reduce or deny compensation of the trustee;
     (h) subject to 72-36-201, to impose an equitable lien or a constructive trust on trust property; or
     (i) subject to 72-36-201, to trace trust property that has been wrongfully disposed of and recover the property or its proceeds.
     (2) The provision of remedies for breach of trust in subsection (1) does not prevent resort to any other appropriate remedy provided by statute or the common law.

     History: En. Sec. 155, Ch. 685, L. 1989.