1.26 Ark. Code R. 51-102(8)
Current through Register Vol. 49, No. 9, September, 2024
A fiduciary is an individual or corporate guardian, trustee, executor, administrator, receiver or conservator acting in any fiduciary capacity for any person, trust, estate or business entity. A fiduciary relationship is considered one of trust and confidence. A fiduciary has a legal responsibility to act in the beneficiary's best interest.
1.26 Ark. Code R. 51-102(8)