Fiduciary property definition

Fiduciary property means funds or property of a client or 3rd party that is in a lawyer's possession in a fiduciary capacity. Fiduciary property includes, but is not limited to, property held as agent, attorney-in-fact, conservator, guardian, personal representative, special administrator, or trustee, subject to the exceptions identified in sub. (m).
Fiduciary property means property held or administered by a fiduciary in the capacity of fiduciary, or property in respect of which a fiduciary has powers or duties in the capacity of fiduciary; (“bien fiduciaire”)
Fiduciary property means funds or property of a client or 3rd party that is in the lawyer's possession in a fiduciary capacity that directly arises in the course of, or as a result of, a lawyer-client relationship or an appointment by a court. Fiduciary property includes, but is not limited to, property held as agent, attorney-in-fact, conservator, guardian, personal representative, special administrator, or trustee, subject to the exceptions identified in sub. (k).

Examples of Fiduciary property in a sentence

  • The officer will not be required to repay the Bank the part of the bonus that was deducted and paid as tax to the Tax Authority.

  • Fiduciary property to be kept separate from fiduciary’s individual property.

  • Fiduciary property" means funds or property of a client or 3rd party that is in the lawyer's possession in a fiduciary capacity that directly arises in the course of, or as a result of, a lawyer-client relationship or an appointment by a court.

  • Response: Fiduciary, property, drone liability, commercial crime are the other lines we have.

  • The filing of a false certificate is unprofessional conduct and is grounds for disciplinary action.(j) Fiduciary property.


More Definitions of Fiduciary property

Fiduciary property means that property held by an orga- nization as trustee or in any fiduciary capacity requiring the issuance of letters by a court or probate registrar in this state.
Fiduciary property means funds or property of a client or 3rd party that is in a lawyer’s possession in a fiduciary capacity. Fiduciary property includes, but is not limited to, property held as agent, attorney−in−fact, conservator, guardian, personal repre- sentative, special administrator, or trustee, subject to the excep- tions identified in sub. (m).
Fiduciary property means funds or property of a client or 3rd party that is in the lawyer's possession in a fiduciary capacity that directly arises in the course of, or as a result of, a lawyer-client relationship
Fiduciary property means money, other than trust money, and valuables for which a member is responsible in a representative capacity or as a trustee but not as a lawyer; (ENACTED 09/17) (AM. 12/18)
Fiduciary property means funds, other than trust funds, and valuables for which a lawyer is responsible in a representative capacity or as a trustee, if the lawyer's appointment is derived from a solicitor-client relationship. It does not include any funds and valuables that are subject to a power of attorney granted to the lawyer if the lawyer has not taken control or otherwise dealt with the funds or valuables (Rule 1).

Related to Fiduciary property

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

  • Trust Property means as of any particular time any and all property, real or personal, tangible or intangible, which at such time is owned or held by or for the account of the Trust or the Trustees in such capacity.