Common use of Acknowledgement of Fiduciary Responsibility Clause in Contracts

Acknowledgement of Fiduciary Responsibility. Any trustee for a trust who signs a Membership Card for Revocable Trust Account acknowledges and understands the trustee’s legal obligations as a fiduciary and as more fully set forth in the Michigan Estates and Protected Individuals Code. Such trustee further agrees to conduct all business with the Credit Union on behalf of the trust in accordance with state and federal laws as well as orders from any court of competent jurisdiction.

Acknowledgement of Fiduciary Responsibility. Any trustee Trustee for a trust Trust who signs a an “Application for Membership Card and Account Agreement for Revocable Trust Account Trusts” acknowledges and understands the trusteeTrustee’s legal obligations as a fiduciary and as more fully set forth in the Michigan Estates and Protected Individuals Code. Such trustee Trustee further agrees to conduct all business with the Credit Union on behalf of the trust Trust in accordance with state and federal laws as well as orders from any court of competent jurisdiction.

Acknowledgement of Fiduciary Responsibility. Any trustee for a trust who signs a Membership Card for Revocable Trust Account acknowledges and understands the trustee’s legal obligations as a fiduciary and as more fully set forth in the Michigan Estates and Protected Individuals Code. Such trustee further agrees to conduct all business with the Credit Union on behalf of the trust in accordance with state and federal laws as well as orders from any court of competent jurisdiction.

Acknowledgement of Fiduciary Responsibility. Any trustee for a trust who signs a Membership Card for Revocable Trust Account acknowledges and understands the trustee’s legal obligations as a fiduciary and as more fully set forth in the Michigan Estates and Protected Individuals Code. Such trustee xxxxxxx further agrees to conduct all business with the Credit Union on behalf of the trust in accordance with state and federal laws as well as orders from any court of competent jurisdiction.