Examlex
Index funds are actively managed.
Requisite Authority
The necessary or required power, permission, or jurisdiction to perform an action or enforce a policy.
Power of Attorney
A legal document that allows one person to act on another's behalf in legal matters or financial transactions.
Representative Capacity
This refers to acting on behalf of another person or entity in a legal or official capacity, such as an attorney representing a client.
Authority
The authority to command, decide, and ensure compliance.
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