Protected Individuals definition
Examples of Protected Individuals in a sentence
Any trustee for a trust who signs a Membership Card for Revocable Trust Account acknowledges and understands the trustee’s legal obligations as a fiduciary and as more fully set forth in the Michigan Estates and Protected Individuals Code.
As Trustee(s), you acknowledge and understand your legal obligations as a fiduciary and as more fully set forth in the Michigan Estates and Protected Individuals Code.
Any Trustee for a Trust who signs an “Application for Membership and Account Agreement for Revocable Trusts” acknowledges and understands the Trustee’s legal obligations as a fiduciary and as more fully set forth in the Michigan Estates and Protected Individuals Code.
I/we acknowledge that this ▇▇▇ registration is established under and subject to the Uniform Transfer-on-Death Security Registration provisions set forth in the Michigan Estates and Protected Individuals Code, MCL 700.6301 et seq.
As a Fiduciary, you acknowledge and understand (i) you owe the Protected Person a legal Fiduciary responsibility and (ii) your legal obligations as a Fiduciary and as more fully set forth in the Michigan Estates and Protected Individuals Code, Social Security Administration Rules and Regulations, or the Department of Veterans Affairs Rules and Regulations, as the case may be, to care for the Protected Person’s or Estate’s property, including funds held on deposit in the Credit Union.
Any trustee for a trust who signs a Master Membership Application acknowledges and understands the trustee’s legal obligations as a fiduciary and as more fully set forth in the Michigan Estates and Protected Individuals Code.
The Trustee shall not be liable for any loss or depreciation in value occasioned by reason of any negligence, error, or mistake of judgment in entering into any transaction, in making any sale or investment, in continuing to hold any property, or by reason of any action or omission, whether by the Trustee or any other fiduciary, unless the Trustee shall have acted in bad faith, notwithstanding the Michigan Estates and Protected Individuals Code, section 700.1101 et seq.
Any trustee for a trust who signs a Membership Card for Trust Account acknowledges and understands the trustee’s legal obligations as a fiduciary and as more fully set forth in the Michigan Estates and Protected Individuals Code.
Notwithstanding the foregoing, the provisions of this paragraph shall not restrict or preclude the Customer from making generalized searches for employees by the use of advertisements in the media or by engaging search firms to engage in searches that are not targeted or focused on the Protected Individuals, provided the Customer does not then hire the Protected Individuals as an employee or independent contractor as a result of such search.
As Personal Representative, you acknowledge and understand your legal obligations as a fiduciary and as more fully set forth in the Michigan Estates and Protected Individuals Code.