fiduciary capacity
Defined in 2 places across 2 titles of the United States Code.
Fiduciary capacity.—For purposes of subparagraph (B)(ii), the term “fiduciary capacity” means—
(i) in the capacity as trustee, executor, administrator, registrar of stocks and bonds, transfer agent, guardian, assignee, receiver, or custodian under a uniform gift to minor act, or as an investment adviser if the bank receives a fee for its investment advice;
(ii) in any capacity in which the bank possesses investment discretion on behalf of another; or
(iii) in any other similar capacity.
Source
- 2001–201415 U.S.C. § 78CCommerce and Trade · Definitions and application · in this chapter
For purposes of subparagraph (B)(ii), the term “fiduciary capacity” means—
(i) in the capacity as trustee, executor, administrator, registrar of stocks and bonds, transfer agent, guardian, assignee, receiver, or custodian under a uniform gift to minor act, or as an investment adviser if the bank receives a fee for its investment advice;
(ii) in any capacity in which the bank possesses investment discretion on behalf of another; or
(iii) in any other similar capacity.
Source
- 2014–present15 U.S.C. § 78CCommerce and Trade · Definitions and application · in this chapter
The term “fiduciary capacity” means the capacity of a person in holding title to a vessel or facility, or otherwise having control of or an interest in the vessel or facility, pursuant to the exercise of the responsibilities of the person as a fiduciary.
Source
- 1996–present42 U.S.C. § 9607The Public Health and Welfare · Liability · as used in this chapter