Fiduciary Responsibility definition

Fiduciary Responsibility means the trustee(s) will manage the endowment care fund in accordance with RCW 11.100.020.

Fiduciary Responsibility means those operational and administrative duties required to be performed by fiduciaries pursuant to the provisions of Part 4 of Title I of ERISA.

Fiduciary Responsibility means the obligation of the affected individual or entity to perform the duties and responsibilities herein assigned to them plus providing full, frank disclosures without misrepresentation or omission of relevant facts, undertaking representation of the Foundation with care, trust, confidentiality and honesty, acting with fidelity and loyalty in the interests of the Foundation and refraining from self-dealing or advising the Foundation of any situation in which they or a related entity have an interest.

Examples of Fiduciary Responsibility in a sentence

• While ERISA generally applies to the Plan, Parts 2 (Participation and Vesting), 3 (Funding), and 4 (Fiduciary Responsibility) of Title I of ERISA do not apply.

• In connection with any actual or possible conflicts of interest, an interested person must disclose the existence and nature of his or her Financial Interest or Fiduciary Responsibility and all material facts to the directors and members of committees with board-delegated powers considering the proposed transaction or arrangements.

• Members of the Board will also sign a Fiduciary Responsibility statement.

• After disclosure of the Financial Interest or Fiduciary Responsibility and all material facts, and after any discussion with the interested person, he or she shall leave the board or committee meeting while the final determination of a conflict of interest is discussed and voted upon.

• No Advisory or Fiduciary Responsibility .......................................................................

More Definitions of Fiduciary Responsibility

Fiduciary Responsibility. The Owner confirms that neither the Architect, nor the Architect's consultants has offered any fiduciary service to the Owner, and no fiduciary responsibility shall be owed to the Owner by the Architect or the Architect's consultants as a consequence of the Architect's entering into this agreement with the Owner.

Fiduciary Responsibility means a duty of utmost good faith, trust, confidence, and candour owed by a fiduciary (such as a lawyer or corporate officer) to the beneficiary (such as a lawyer’s client or a shareholder); a duty to act with the highest degree of honesty and loyalty toward another person and in the best interests of the other person (such as the duty that one partner owes to another.

Fiduciary Responsibility means a legal obligation of a fiduciary (Executive member) to act in the best interest of the Organization as in the Executive is entrusted with the reputation, care of money and property of the organization;

Fiduciary Responsibility means an ethical obligation, for a person who has the power and authority, to act in the public interest to a high standard of diligence, responsibility, and honesty;

Fiduciary Responsibility means and refers to the legal responsibility of the Directors of The Association to act in the best interests of The Association and its Members in managing the monies, The Properties and the affairs of The Association, in good faith, and with such care as an ordinarily prudent person would use under similar circumstances in a like position, as required by Section 53-8-25.1 of the New Mexico Nonprofit Corporation Act and the provisions of the New Mexico Homeowner Association Act [NMSA 1978 § 47-16-1, et seq.]. It also means to not exploit the position of Director of TheAssociation for personal gain or advantage nor to act on behalf of The Board or Association without the knowledge and consent of The Board.

Fiduciary Responsibility means in this context? Are you bound to consider questions about socially responsible investing? How do you pick these 28 funds?

Fiduciary Responsibility means the duty owed to an Elder to use the Elder’s monetary funds and assets for the best interest of the Elder. A fiduciary responsibility shall apply to any individual or other legal entity that obtains possession or control of the assets of an Elder;