This page (revision-1) was last changed on 29-Nov-2024 16:16 by UnknownAuthor

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Custodian
Custodian

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!!! Overview
[{$pagename}] is an [Organizational Entity] that is holds and is [responsible] for an [asset] for a [Trustee].
[{$pagename}] secures the [Resource], but may not be granted [Authorization] to manage the [Resource].
A [custodian] is [Accountable] to protect the [resource] from theft, but the [{$pagename}] does not have [Fiduciary Responsibility] to the [Beneficiary].
\\This implies that a [custodian] [MUST] conduct a financial transaction for the [trustee] even if the [custodian] believes it is a bad decision.
!! [{$pagename}] [Example]
In a [Financial transaction] you, which are considered the [Trustor], may [delegate|Delegation] a Bank Teller, considered your [Trustee] to direct your [bank], which is the [{$pagename}] of your [money], to process the a specific [Payment Transaction].
!! More Information
There might be more information for this subject on one of the following:
[{ReferringPagesPlugin before='*' after='\n' }]
This page (revision-1) was last changed on 29-Nov-2024 16:16 by UnknownAuthorTop