Fiduciary capacity definition

Fiduciary capacity means the capacity of a person holding

Fiduciary capacity means the capacity of a person in holding title to a facility, or otherwise having control of or an interest in the facility, pursuant to the exercise of the responsibilities of the person as a fiduciary.

Fiduciary capacity means an undertaking to act as executor, administrator, personal representative, guardian, conservator or receiver.

Examples of Fiduciary capacity in a sentence

• Any person or group may serve in more than one Fiduciary capacity.

• Fiduciary capacity generally means trustee, executor, administrator, registrar of stocks and bonds, transfer agent, guardian, assignee, receiver, custodian under a uniform gifts to minors act, investment adviser (if the institution receives a fee for its investment advice), any capacity in which the institution possesses investment discretion on behalf of another, or any other similar capacity.

• A Fiduciary may serve in more than one Fiduciary capacity and may employ one or more persons to render advice with regard to his Fiduciary responsibilities.

• Any person or group of persons may serve in more than one Fiduciary capacity with respect to the Plan.

• Any person may serve in more than one Fiduciary capacity, including service as Plan Administrator and Plan Committee member.

More Definitions of Fiduciary capacity

Fiduciary capacity means an undertaking to act as executor, administrator, guardian, conservator, trustee for a family trust, authorized trust or testamentary trust or receiver or trustee in bankruptcy.

Fiduciary capacity means: trustee, executor, administrator, registrar of stocks and bonds, transfer agent, guardian, assignee, receiver, or custo- dian under a uniform gifts to minors act; investment adviser, if the bank re- ceives a fee for its investment advice; any capacity in which the bank pos- sesses investment discretion on behalf of another; or any other similar capac- ity that the OCC authorizes pursuant to 12 U.S.C. 92a.

Fiduciary capacity means where a person (a trustee) holds property as its nominal owner for the good of one or more beneficiaries

Fiduciary capacity means a capacity resulting from the undertaking to act alone or jointly with others as a personal representative of a decedent's estate, a guardian or conservator of an estate, a receiver, a trustee under appointment of any court or under authority of any law, or a trustee for any other purpose permitted by law.

Fiduciary capacity means that the licensee acts with a high degree of good faith when handling money entrusted to the licensee by persons served.

Fiduciary capacity. , for purposes of IC 13-25-4, means the capacity of a person in holding title to a vessel or facility pursuant to the exercise of the responsibilities of the person as a fiduciary.

Fiduciary capacity. (i) shall mean (a) acting as trustee, executor, administrator, registrar of stocks and bonds, transfer agent, guardian, assignee, receiver, or custodian under a uniform gifts to minors act and (b) possessing investment discretion on behalf of another, and (ii) shall exclude Town Square Bank’ capacity with respect to individual retirement accounts or the Town Square Financial Benefit Plans.