Fiduciary duty: Difference between revisions
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imported>Doug Williamson (Reworded so that the fiduciary duty is defined first and then the fiduciary's role.) |
imported>Doug Williamson (Add link.) |
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* [[Board of directors]] | * [[Board of directors]] | ||
* [[Bona fide]] | * [[Bona fide]] | ||
* [[Fiduciary services]] | |||
* [[Stewardship]] | * [[Stewardship]] | ||
* [[Trustees]] | * [[Trustees]] | ||
[[Category:Compliance_and_audit]] | [[Category:Compliance_and_audit]] | ||
Revision as of 13:36, 13 August 2016
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.
