Sentence examples for fiduciary bonds from inspiring English sources
Fiduciary bonds are required for court-appointed officials entrusted with managing the property of others; executors of estates and receivers in bankruptcy are frequently required to post fiduciary bonds.
Had there been a fiduciary mandate a decade ago, the riskiest bond deals might not have been struck at all.
The legislation, H.R. 2428, would direct the companies to insert into their by-laws a provision requiring any employee accused of "fraud, moral turpitude or breach of fiduciary duty" to "post collateral, security, bonding, or other assurances of repayment" in order to have the legal fees advanced.
As the agent representing investors in those bonds, BNY Mellon owes them a fiduciary duty -- a legal obligation to act in their best interest.
A day after the attack, Fiduciary was able to do wire transfers; the day after, to trade bonds.
"We have a fiduciary responsibility to individuals who have invested $1,000 or $5,000 or $10,000 in savings bonds and other Treasury securities," Mr. Zeck said.
Because of this fiduciary role, custodians cannot just take back the money or invest it all in savings bonds with the hope that the child won't find out.
The bonds would have to be guaranteed by the federal government to meet the fiduciary obligations of the pension-fund trustees, but they would ultimately be paid off by the revenues generated at the state and local levels.
Many are fiduciary entities.
What about fiduciary duty?
