Fiduciary powers definition

Fiduciary powers means the power to act in any fiduciary capacity as authorized by Arkansas state law or any applicable federal law;

Fiduciary powers means the power to act in any fiduciary capacity authorized by the state of Washington including, but not limited to, trustee, executor, administrator, registrar of stocks and bonds, guardian of estates, assignee, receiver, agent, custodian, investment adviser, if the trust company receives a fee for its investment advice, escrow agent, corporate bond paying and transfer agent, escrow holder, managing agent, depositary, committee of estates of incompetents, and any capacity in which the trust company possesses investment discretion on behalf of another.

Fiduciary powers means the power to act in any fiduciary capacity authorized by the state of Washington including, but not limited to, trustee, executor, administrator, registrar of stocks and bonds, guardian of estates, assignee, receiver, agent, custodian, in- vestment adviser, if the trust company receives a fee for its invest- ment advice, escrow agent, corporate bond paying and transfer agent, escrow holder, managing agent, depositary, committee of estates of in- competents, and any capacity in which the trust company possesses in- vestment discretion on behalf of another.

Examples of Fiduciary powers in a sentence

• The Lucas County Workforce Development Board will collaborate with business and industry to promote the value and applicability of industry-recognized credentials.

• The OCC generally requires a national bank or Federal savings association to divest or conform nonconforming assets, or discontinue nonconforming activities, within a reasonable time following the business combination.(ii) Any resulting Federal savingsassociation shall conform to the requirements of sections 5(c) and 10(m) of the Home Owners’ Loan Act (12U.S.C. 1464(c) and 1467a(m)) within the time period prescribed by the OCC.(6) Fiduciary powers.

• Fiduciary powers: The authority that the OCC permits a national bank or FSA to exercise pursuant to 12 USC 92a and 1464(n), respectively.

• Affect the employer-employee relationship between the Town and any Employee, all of which powers are reserved to the Town unless expressly granted to the Committee.C. Fiduciary powers, duties and responsibilities.

• Sections 5.5 through 5.8 and5.10 through 5.13 do not apply to this section.[80 FR 28433, May 18, 2015] § 5.26 Fiduciary powers of national banks and Federal savings associa- tions.(a) Authority.

• Removing paragraph (e)(3)(ii) in itsentirety.The addition reads as follows:§ 5.26 Fiduciary powers.* * * * *(e) * * *(2) * * *(i) * * *(E) If requested by the OCC, an opinion of counsel that the proposed activities do not violate applicable Federal or State law, including citations to applicable law.* * * * *■ 18.

• Removing paragraph (e)(3)(ii) in itsentirety.The addition reads as follows:§ 5.26 Fiduciary powers.* * * * *(e) * * * (2) * * *(i) * * *(E) If requested by the OCC, an opinion of counsel that the proposed activities do not violate applicable Federal or State law, including citations to applicable law.* * * * *■ 18.

• Consistent with 12 U.S.C. § 27(a), the Comptroller’s Licensing Manual states that the OCC may grant approval of a trust charter only for a “bank that will limit its operations to those of a fiduciary.”5 Fiduciary powers authorized for national banks are set forth in 12 U.S.C. § 92a.

• Revising paragraphs (e)(3) and (6).For the convenience of the user, the re- vised text is set forth as follows: § 5.26 Fiduciary powers of national banks and Federal savings associations.

• Fiduciary powers means the authority the OCC grants to a national bank to act in a fiduciary capacity pursuant to 12 U.S.C. 92a.

More Definitions of Fiduciary powers

Fiduciary powers means the au- thority the OCC permits a national bank to exercise pursuant to 12 U.S.C. 92a.

Fiduciary powers means the power to act in any fiduciary capacity authorized by the state of Washington including, but not limited to; trustee, executor, administrator, registrar of stocks and bonds, guardian of estates, assignee, receiver, agent, custodian, es- crow agent, corporate bond paying and transfer agent, escrow holder, managing agent, depositary, committee of estates of incompetents.

Fiduciary powers means the powers of a trustee to act as specified in the instrument establishing the trust.

Fiduciary powers means the au- thority the OCC permits a national bank to exercise pursuant to 12 U.S.C. 92a. The extent of fiduciary powers is the same for out-of-state national banks as for in-state national banks, and that extent depends upon what powers the state grants to the fidu- ciaries in the state with which national banks compete.

Fiduciary powers means in addition to the power to conduct trust business as provided in section 4401 of the banking code of 1999, MCL 487.14401, all powers that are exercisable by a fiduciary in a fiduciary capacity.