Sentences with phrase «fiduciary position»

Most states allow what are called «negative will» provisions that state that certain persons should not serve in fiduciary positions.

You therefore potentially jeopardize your client's fiduciary position with your wild - west antics when you willy - nilly treat everyone the same in a fiduciary sense.

[1] The issue here is whether any kind of discharge, rather than a conviction, is proper for a string of deliberate commercial frauds by someone in a more or less fiduciary position.

To win a breach of fiduciary duty complaint, the claimant only has to prove that you were in a fiduciary position and you breached that duty for your own personal gain.

and I intentionally exclude from benefit hereunder or for any fiduciary position with respect to me, any other person claiming to be a child or other descendant of mine as of the time that this Will is executed, but do not intend to exclude subsequent children or children later adopted by me.»

While employees have no general legal duty to disclose misconduct, senior individuals in a fiduciary position may owe a fiduciary duty to their employer to expose their own wrongdoing (or that of fellow employees) and those in the regulated sector may owe regulatory obligations to report certain matters internally or externally to regulatory authorities.

In imposing fiduciary obligations, the Court concluded that the employee's very ability to perpetrate such a large scale fraud over an extensive period of time was evidence that he occupied a fiduciary position.