Nonfiduciary definition

Nonfiduciary means, with respect to a power of appointment, that the power of appointment is not held by a trustee in a fiduciary capacity.
Nonfiduciary means, with respect to a power of appointment, that the power is not held in a fiduciary capacity.16

Examples of Nonfiduciary in a sentence

  • Non-fiduciary Services are: 🞎 Assist in the education of Plan participants about general investment information and the investment options available to them under the Plan.

  • Non-fiduciary Services are: 🞎 Assist in the education of Plan participants about general investment information and the investment alternatives available to them under the Plan.

Related to Nonfiduciary

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