Fiduciary duty definition

Fiduciary duty means a duty expressly designated as a fiduciary duty of:
Fiduciary duty has in each case the meaning given to such term under applicable law;
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.

Examples of Fiduciary duty in a sentence

  • We will not be obligated to monitor items deposited to, or drawn against, accounts held by a trustee or other Fiduciary to determine whether a trustee or Fiduciary is acting consistently with or in breach of any Fiduciary duty.

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

  • A Seller’s agent or a subagent of that agent has the following affirmative obligations: To the Seller: A Fiduciary duty of utmost care, integrity, honesty and loyalty in dealings with the Seller.

  • Subject to the Fiduciary duty of the Member, the Company agrees that it shall not permit any amendment to the Operating Agreement that materially affects the rights or duties of the Portfolio Manager to become effective unless the Portfolio Manager has been given prior written notice of such amendment and has consented thereto in writing.

  • As such, Urban Futures and Advisor has a Fiduciary duty to the District and must provide both a Duty of Care and a Duty of Loyalty that entails the following.


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 the same duties imposed by law upon a
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 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: