Previous Outside Section Next Outside Section

 

Definition - fiduciary

SECTION 104.   Section 8 of chapter 118E of the General Laws, as so appearing, is hereby amended by inserting after the definition of "executive office" the following definition:-

b ¼. "Fiduciary", a personal representative or trustee to whom power or property has been formally entrusted for the benefit of another, including, but not limited to, an executor, administrator, successor personal representative, special administrator or a person performing substantially the same function.