On a Fiduciary Capacity?

Fiduciary capacity means the capacity of a person in holding title to a facility, or otherwise having control of or an interest in the facility, pursuant to the exercise of the responsibilities of the person as a fiduciary.

What is shares held in fiduciary capacity?

Fiduciary capacity creates a relationship wherein one holds the duty to another of trust, confidence and good faith. In such a situation, it is rationally incorrect to assume that the entity holding shares has the power to exercise influence as well.

What is an example of a fiduciary?

Fiduciary duties are taken on by many people for many beneficiaries. They include lawyers acting for clients, company executives acting for stockholders, guardians acting for their wards, financial advisors acting for investors, and trustees acting for estate beneficiaries, among others.