The fiduciary is the person with the authority to make deposits
to and withdrawals from a fiduciary account. If the original
fiduciary cannot act a new fiduciary must be appointed.
The fiduciary is the person with the authority to make deposits
to and withdrawals from a fiduciary account. If the original
fiduciary cannot act a new fiduciary must be appointed.
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It is an adjective or a noun.
A fiduciary (noun) is a person who acts in a fiduciary
(adjective) capacity.
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fiduciary and trustee
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Typically, a fiduciary prudently takes care of money for another person. So a "fiduciary receipt" is a document that a person acting in capacity of a fiduciary for another person would get in order to allow an audit of the discharge of their duties - part of a fiduciary account.