Fiduciary duty definition

Fiduciary duty means a duty expressly designated as a fiduciary duty of:
Fiduciary duty means that a Volunteer Leader owes a duty of care and a duty of loyalty to NAMSS. The duty of care means that the Leader must act in good faith and exercise good judgment when functioning as a Volunteer Leader. The duty of loyalty means that the Leader must at all times perform his/her responsibilities for the sole benefit and interest of NAMSS and not for personal, business, or third-party gain or financial enrichment.
Fiduciary duty has in each case the meaning given to such term under applicable law;

Examples of Fiduciary duty in a sentence

  • Fiduciary duty is generally understood to encompass a duty of loyalty and a duty of care to the public agency.

  • The report produced the following key findings: • Fiduciary duty and a focus on risk-adjusted returns over the longer-term are key drivers in the approach taken by asset owners towards climate risk, with some asset owners also emphasising the short-to medium-term investment risks posed by climate change.

  • Fiduciary duty has been described as a duty to act in “a fairly business-like manner with reasonable skill and caution”.

  • Fiduciary duty derives essentially from common law principles of trust.

  • Fiduciary duty guides LACERA’s Corporate Governance and Stewardship Principles.


More Definitions of Fiduciary duty

Fiduciary duty means an obligation to act in the best interests of the Board and the public by avoiding conflicts of interest and acting in good faith.
Fiduciary duty means the obligation of all Department employees to act in the best interests of the client in the conduct of official business and fulfillment of the Department's statutory responsibilities. Fiduciary duty requires each employee to act in good faith without personal self-interest and with care, candor and loyalty in carrying out his or her duties on behalf of the Department.
Fiduciary duty means a duty to act for someone else's benefit, while subordinating one's
Fiduciary duty means a duty to act for someone else's benefit, while subordinating one's personal interest to that of the other person.
Fiduciary duty means the same duties imposed by law upon a
Fiduciary duty means a duty arising when a client or investor reposes confidence and trust in a fiduciary, to act in the interest of and for the benefit of the client or investor, with the necessary loyalty and care required of a fiduciary, before, during or after providing a financial service;
Fiduciary duty means a duty expressly designated as a fiduciary duty of: 801 (a) a director or an officer of a taxed interlocal entity in: