Fiduciary duty: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson m (Category added 8/10/13) |
imported>Doug Williamson (Add link.) |
||
| (6 intermediate revisions by the same user not shown) | |||
| Line 1: | Line 1: | ||
''Law.'' | ''Law.'' | ||
A fiduciary is a person who occupies a position of trust in relation to someone else | A fiduciary duty is a legal duty to act solely in another party's interests. | ||
A fiduciary is a person who occupies a position of trust in relation to someone else and is required to act for the latter's benefit within the scope of that relationship. | |||
Examples include trustees and company directors. | |||
== See also == | == See also == | ||
* [[Accountability]] | |||
* [[Accounting records]] | |||
* [[Audit trail]] | |||
* [[Board of directors]] | * [[Board of directors]] | ||
* [[Bona fide]] | * [[Bona fide]] | ||
* [[Director]] | |||
* [[Fiduciary ]] | |||
* [[Fiduciary services]] | |||
* [[Proxy]] | |||
* [[Stewardship]] | * [[Stewardship]] | ||
* [[Trustees]] | * [[Trustees]] | ||
* [[Variance analysis]] | |||
[[Category: | [[Category:Compliance_and_audit]] | ||
Latest revision as of 21:08, 11 September 2022
Law.
A fiduciary duty is a legal duty to act solely in another party's interests.
A fiduciary is a person who occupies a position of trust in relation to someone else and is required to act for the latter's benefit within the scope of that relationship.
Examples include trustees and company directors.
