Common use of Fiduciary Responsibility Clause in Contracts

Fiduciary Responsibility. If the Operator assumes management responsibility over Your funds, the Operator shall maintain such funds in a fiduciary capacity to You. Any interest on money received and held for You by the Operator shall be Your property.

Appears in 3 contracts

Sources: Residency Agreement, Residency Agreement, Residency Agreement

Fiduciary Responsibility. β€Œ If the Operator assumes management responsibility over Your funds, your funds the Operator shall maintain such funds in a fiduciary capacity to Youyou. Any interest on money received and held for You you by the Operator shall be Your your property.

Appears in 1 contract

Sources: Assisted Living Residency Agreement