As used in this part:

1. (1) "Fiduciary" means:

   1. (a) a trustee under any trust, expressed, implied, resulting or constructive;
   2. (b) an executor;
   3. (c) an administrator;
   4. (d) a guardian;
   5. (e) a conservator;
   6. (f) a curator;
   7. (g) a receiver;
   8. (h) a trustee in bankruptcy;
   9. (i) an assignee for the benefit of creditors;
   10. (j) a partner;
   11. (k) an agent;
   12. (l) an officer of a corporation, public or private;
   13. (m) a public officer; or
   14. (n) any other person acting in a fiduciary capacity for any person, trust, or estate.
2. (2) "Principal" means a person to whom a fiduciary owes an obligation.

Amended by Chapter 310, 2025 General Session