Rule 3.8: Appointments to Fiduciary Positions

(A)      A judge shall not accept appointment to serve in a fiduciary* position, such as executor, administrator, trustee, guardian, attorney in fact, or other personal representative, except for the estate, trust, or person of a member of the judge’s family and then only if the service will not interfere with the proper performance of judicial duties.

(B)       [Reserved]

(C)       A judge acting in a fiduciary capacity shall be subject to the same restrictions on engaging in financial activities that apply to a judge personally.

(D)      If a person who is serving in a fiduciary position becomes a judge, the new judge must* comply with this Rule as soon as reasonably practicable, but in no event later than one year after becoming a judge.

Comments

[1]       A judge should recognize that other restrictions imposed by this Code may conflict with a judge’s obligations as a fiduciary; in such circumstances, a judge should resign as fiduciary. For example, serving as a fiduciary might require frequent disqualification of a judge under Rule 2.11 because a judge is deemed to have an economic interest in shares of stock held by a trust if the amount of stock held is more than de minimis.


Last Modified on RuleDex:

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