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 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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Examples of Special fiduciary in a sentence

  • 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.

  • Ingredient Name CAS No EC NoREACHRegistration Number % WtClassification according to Regulation (EC) No1272/2008 [CLP]Additional informationAcetone67-64-1200-622-201-2119471330-49< 50Flam.

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

  • 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.

  • 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.


More Definitions of Special fiduciary

Special fiduciary has the meaning set forth in the preamble hereto.
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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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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 Section 3(21).

  • Independent Fund Trustee means a trustee of the Trust who is not an “interested person” as that term is defined in Section 2(a)(19) of the 1940 Act.

  • Plan Administrator means the plan administrator described in Article 8.

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

  • Fidelity means Fidelity Management & Research Company and any successor or affiliated registered investment advisor to the Fidelity Investors.

  • 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.

  • Non-bank fiduciary or agent means a fiduciary or agent other than (a) a bank, as defined in Section 3(a)(2) of the Securities Act, or (b) a savings and loan association, as defined in Section 3(a)(5)(A) of the Securities Act.

  • Independent Fund Director means an independent director of an investment company advised by Invesco.

  • Adviser/Subadviser means the Adviser or a Subadviser, if any, of the Fund or both as the context may require.

  • Plan Committee means a committee of two or more directors appointed by the Board to administer the Plan.

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

  • Benefits Committee means the Employee Benefits Committee of Textron.

  • 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);

  • ordinary member of the committee means a member of the committee who is not an officer of the Association under Rule 21;

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

  • Policy Committee means the body created by this Agreement to approve the budget for the Consortium, to develop cooperative approaches regarding countywide GIS and the concerns of each party, and to perform such other functions as are set forth in this Agreement.

  • Independent Director/Trustee means any; (i) director or trustee of an Invesco Mutual Fund who is not an “interested person” (as defined in Section 2(a)(19) of the Investment Company Act) of an Invesco Mutual Fund; (ii) director or trustee of an Invesco ETP who is not an “interested person” (as defined in Section 2(a)(19) of the Investment Company Act) of an Invesco ETP; or (iii) member of the Invesco Canada Independent Review Committee, Invesco Canada Funds Advisory Board or Board of Directors of Invesco Corporate Class Inc. who has no other executive responsibilities or engagement in an Invesco Canada Fund or Invesco NA’s day-to-day activities beyond the scope of their duties as director/trustee.

  • Independent Director/Trustee means any; (i) director or trustee of an Invesco Mutual Fund who is not an “interested person” (as defined in Section 2(a)(19) of the Investment Company Act) of an Invesco Mutual Fund; (ii) director or trustee of an Invesco ETP who is not an “interested person” (as defined in Section 2(a)(19) of the Investment Company Act) of an Invesco ETP; or (iii) member of the Invesco Canada Independent Review Committee, Invesco Canada Funds Advisory Board or Board of Directors of Invesco Corporate Class Inc. who has no other executive responsibilities or engagement in an Invesco Canada Fund or Invesco NA’s day-to-day activities beyond the scope of their duties as director/trustee.

  • Appeals Board means the commissioners and deputy commissioners of the Workers’ Compensation Appeals Board acting en banc, in panels, or individually.

  • Adviser means a party furnishing services to the Trust pursuant to any contract described in Article IV, Section 7(a) hereof;