General Fiduciary Exemption Language

General Fiduciary Exemption Language refers to a legal provision that exempts fiduciaries from liability for certain actions or decisions that may be inconsistent with their fiduciary duties, as long as they were made in good faith and with reasonable care.

IRI: http://lmss.sali.org/R9ksYmaNhrwE6VL9r0qV1sL
Branch: Objectives
Children: 3

Also known as

General Fiduciary Exemption, General Fiduciary Exemption Language, Lenguaje general de exención fiduciaria, Lenguaje general de exención fiduciaria, שפת פטור פידוציארי כללית, सामान्य फिडूशियरी छूट भाषा

Ancestry paths

Objectives Transactional Objectives Mergers and Acquisitions Objectives Deal Protection and Related Provisions Change of Recommendation Covenant Fiduciary Exemption to Change of Recommendation Covenant Change of Recommendation Trigger
Objectives Transactional Objectives Mergers and Acquisitions Objectives Deal Protection and Related Provisions Breakup Fee Triggers Change of Recommendation Trigger

Children 3

"'Reasonably likely/expected breach' of fiduciary duties" Language
"'Reasonably likely/expected to be inconsistent' with fiduciary duties" Language
"More likely than not" Violate Fiduciary Duties Language

Generated from sali-legal/LMSS at 3f9ac0c9357b (2026-03-10). JSON