Special fiduciary definition

Special fiduciary means a special fiduciary appointed by the court under sections 1308, 1309, 7704, 7815, and 7901 of the estates and protected individuals code, 1998 PA 386, MCL 700.1308, 700.1309, 700.7704, 700.7815, and 700.7901.
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Special fiduciary. The individual appointed at any particular time by the Chancery Court of Xxxxxxx County, Mississippi to serve as Trustee of the Plan, to administer the Plan, and to make recommendations to the Court regarding Plan benefits.
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Special fiduciary has the meaning set forth in the preamble hereto.
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Examples of Special fiduciary in a sentence

  • Special fiduciary duties of directors to creditors would limit this opportunity and ensure that corporate debt would be liquidated as well as control the conduct of directors effectively when they exercise business discretion.Therefore, fiduciary duties of directors can serve as tools to protect creditors above those under the terms of their credit contract.

  • Brun attended the hearing and voiced her intent to const the Petition for Guardianship.Hallmark granted the petition and appointed Jon Munger as Guardian and Special fiduciary.

  • Special fiduciary relationship (page 44); Error! Bookmark not defined.

  • Special fiduciary counsel, Christopher Waddell, also provided guidance to the Board with respect to input to be provided by the Board to implementing legislation.H.B. 1960 was introduced to create the Office.

  • Special fiduciary relationships established by the status of the relationship.Fiduciary relationships created by statute, common law or contract are referred to as "formal relationships," while fiduciary relationships created by facts are referred to as "informal relationships." See e.g. Comment to Sec.

  • Special fiduciary relationships or other relationships of trust or confidence might exist as between the company and the petitioning creditor which might make it inequitable for the petitioning creditor to commence a process which might result ultimately in the civil death of the company.


More Definitions of Special fiduciary

Special fiduciary means the investment manager, ancillary trustee or the Trustee appointed in accordance with Section 8.10(g) to exercise the responsibilities delegated to the Special Fiduciary under the terms of the Plan and Trust.
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Special fiduciary means the person or entity appointed by the Board of Directors pursuant to Article Eleven to serve as the fiduciary of the Trust with respect to transactions or matters within the scope of his, her or its appointment.
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Related to Special fiduciary

  • Named Fiduciary means the Fiduciary or Fiduciaries named herein or in the Adoption Agreement who jointly or severally have the authority to control and manage the operation and administration of the Plan.

  • Plan Fiduciary As defined in Section 5.3(o).

  • Independent Fiduciary means an independent fiduciary who will serve as a fiduciary to the Plan in accordance with Article 3 that has no relationship or interest in any of the Settling Parties and is mutually agreed to by the Settling Parties.

  • Administrative Committee means the committee in charge of Plan administration, as described in Article VII.

  • Investment Committee means the committee in charge of investment aspects of the Plan, as described in Article VII.

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

  • Special Fund means any fund other than the city general fund.

  • Plan Administrator means the person, persons, and/or third-party administrator designated by the Company to administer the day to day operations of the Plan and the Company’s other equity incentive programs.

  • Fiduciaries means professional firms such as auditors, accountancy firms, law firms, analysts, insolvency professional entities, consultants, banks etc., assisting or advising the Company.

  • Retirement Committee means a committee consisting of the Company’s Vice President of Human Resources, the Director of HR Operations and the Compensation & Benefits Manager.

  • Appeals Committee means a Committee or Tribunal duly appointed by by-law to conduct hearings under this By-law;

  • Insured Persons means the person/s named in the Schedule to the Policy, who is/are Resident Indian/s and for whom the insurance is also proposed and appropriate premium paid.

  • Claims Administrator means the firm proposed by Class Counsel and appointed by the Courts to administer the Settlement Amount in accordance with the provisions of this Settlement Agreement and the Distribution Protocol, and any employees of such firm.

  • Appeal Committee means the appeal committee established by the Council in terms of section 12(3)(a);

  • Directed trustee means a trustee that is subject to a trust director's power of direction.

  • Special Funds means, collectively, the Bond Fund, the Project Fund and the Collateral Fund, and any accounts therein, all as created in this Indenture.

  • Insured Person s year” means a year from the date of commencement of the insured person’s policy, or from the anniversary date of the commencement of the insured person.