Fiduciary definition

Fiduciary has the meaning set forth in ERISA Sec. 3(21).

Fiduciary means any person who (a) exercises any discretionary authority or discretionary control respecting management of the Plan or exercises any authority or control respecting management or disposition of its assets, (b) renders investment advice for a fee or other compensation, direct or indirect, with respect to any monies or other property of the Plan or has any authority or responsibility to do so, or (c) has any discretionary authority or discretionary responsibility in the administration of the Plan.

Fiduciary has the meaning set forth in ERISA Section 3(21).

Examples of Fiduciary in a sentence

• Named Fiduciary acknowledges that in performing its services, neither the Adviser nor Xxxxxxx Xxxxx, have authority to interpret the Plan Documents, to determine eligibility or participation under the Plan, to provide participant disclosures or communications, or to take any other action with respect to the management, administration or any other aspect of the Plan.

• Named Fiduciary further acknowledges that in performing its services under this MAA, neither Adviser nor Xxxxxxx Xxxxx as IAR acts as, nor has the Adviser or Xxxxxxx Xxxxx agreed to, assume the duties of a trustee or the “Plan Administrator”, as each such term is defined in ERISA.

• Named Fiduciary hereby acknowledges that the designation of Adviser as service provider, and the investments and related transactions contemplated by this MAA and any incorporated Program Supplement, if any, are consistent with and permissible under the Plan’s governing documents and ERISA.

More Definitions of Fiduciary

Fiduciary means a guardian, trustee, executor, administrator, receiver, conservator, or any other person acting in any fiduciary capacity for any individual, trust, or estate.

Fiduciary means a trust company registered under the trust company legislation of Canada or any province thereof, a trust company organized under the laws of any state of the United States, a portfolio manager registered under the securities legislation of one or more provinces of Canada or an investment adviser registered under the United States Investment Advisers Act of 1940 or any other securities legislation of the United States or any state of the United States.

Fiduciary means an agent, trustee, partner, corporate officer or director, or other representative owing a fiduciary duty with respect to an instrument.

Fiduciary means any individual or group of individuals that exercise discretionary authority or control over fund management or any authority or control over management, disposition or administration of the Fund assets.

Fiduciary means a personal representative or a trustee. The term includes an executor, administrator, successor personal representative, special administrator, and a person performing substantially the same function.

Fiduciary means a person who does any of the following:

Fiduciary means an original, additional, or successor personal representative, conservator, agent, or trustee.