Fiduciary duty: Difference between revisions

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''Law.''
''Law.''


A fiduciary is a person who occupies a position of trust in relation to someone else such that he is required to act for the latter's benefit within the scope of that relationship.
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: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.


See also