Fiduciary Account definition

Fiduciary Account means an account in which the lawyer deposits fiduciary property.
Fiduciary Account means an account established by a trustee/guardian pursuant to a written trust agreement or court order, which shall include Grant of Probate or Letters of Administration. The Account can be set up by one or more trustees/guardians as Account Holder(s) for one or more beneficiaries.
Fiduciary Account means an account established by a trustee/guardian pursuant to a

Examples of Fiduciary Account in a sentence

  • None of First National Bank or its current or former directors, officers or employees has committed any breach of fiduciary obligations with respect to any Fiduciary Account.


More Definitions of Fiduciary Account

Fiduciary Account means the Account of a natural person or ERISA plan in which a Fiduciary holds title of the assets for the benefit of another or the Account of a non-natural person in which the Fiduciary is authorized and empowered to make decisions and give instructions with respect to the assets of that Account.
Fiduciary Account means an account (1) that is not a client of the adviser, (2) for which an access person acts as an investment adviser, trustee or other fiduciary and (3) in which the access person does not otherwise have any beneficial ownership.
Fiduciary Account means an account opened by CB entitled “Segregated Fiduciary Cash Account” to or from which Members may make payments or withdrawals in accordance with Rule 3.2.1.
Fiduciary Account means a bank account holding Fiduciary Cash and/or commingled with own cash.
Fiduciary Account means the Account of a natural person in which a Fiduciary holds title of the assets for the benefit of another or the Account of a non- natural person in which the Fiduciary is authorized and empowered to make decisions and to give instructions respecting the assets of that Account.
Fiduciary Account means any fiduciary or trust account held by a Grantor which is not a Material Account (other than as a result of clause (iv) of the definition thereof).
Fiduciary Account means (i) an estate account for a decedent, (ii) an account established by one or more agents under a power of attorney or an existing account of a principal to which one or more agents under a power of attorney are added, (iii) an account established by one or more conservators, (iv) an account established by one or more committees, (v) a regular trust account under a testamentary trust or a trust agreement that has significance apart from the account, or (vi) an account arising from a fiduciary relationship such as an attorney-client relationship. “Fiduciary account” does not include a trust account;