Fiduciary Duties for Shareholders?

Answer Traditionally, the law has considered only a company's board of directors and its executives owe a fiduciary duty to shareholders. These corporate insiders have control over the company and are man... Read More »

Top Q&A For: Fiduciary Duties for Shareholders

What are governmental fiduciary funds?

Fiduciary funds are those used to account for funds held by the government in trust for others that cannot be used to support the government's programs, for example, an employee pension fund.

What Is a Fiduciary Income Tax Return?

The executor or administrator of a deceased person's estate or trust is a fiduciary, a person who holds assets in trust for a beneficiary. One of the fiduciary's major duties is ensuring federal an... Read More »

How to Uphold a Fiduciary Duty?

Directors and Officers of both for-profit and not-for-profit corporations owe their corporation a fiduciary duty. A fiduciary duty is an obligation that one party will act in the best interest of a... Read More »

What does fiduciary liability insurance cover?

Fiduciary liability insurance mitigates or eliminates the legal liability of fiduciaries, such as trustees, administrators or custodians, in the event civil or criminal legal proceedings are launch... Read More »