Definition:
A steward is an individual who is designated to assume responsibility for the care and management of something or to act as a representative on behalf of others. This can encompass tasks such as supervising agreements or dealing with business affairs. Throughout history, stewards have been granted diverse authorities, such as presiding over legal proceedings or overseeing the administration of a large estate.
A steward is an individual appointed to oversee and manage something or someone on behalf of another person or organisation. This can involve supervising contracts, advocating for employees, or handling business affairs. For example, a union steward represents union employees and ensures compliance with their contracts. A manor steward manages the business matters of the manor, such as maintaining court records and managing access to copyhold lands. In history, a steward of all England held various powers, including presiding over the trial of peers. These examples demonstrate that a steward is someone entrusted with significant responsibilities and duties on behalf of others. They are expected to act in the best interests of those they represent or serve, and to ensure proper and fair management of everything.
A steward is a person who is appointed to manage and oversee the affairs of another person or organisation. They have a legal duty to act in the best interests of the person or organisation they represent.
The responsibilities of a steward may vary depending on the specific circumstances, but generally, they include managing finances, making decisions on behalf of the person or organisation, and ensuring compliance with legal and ethical obligations.
A steward is typically appointed through a legal process, such as a court order or a written agreement. The appointment may be made by a judge, a board of directors, or through a power of attorney document.
Yes, a steward can be removed from their position under certain circumstances. This may occur if they fail to fulfill their duties, act against the best interests of the person or organisation they represent, or if there is evidence of misconduct or negligence.
A steward has a legal obligation to act in good faith, exercise reasonable care and skill, avoid conflicts of interest, and act in the best interests of the person or organisation they represent. They must also comply with applicable laws and regulations.
Yes, a steward can be held personally liable for their actions if they breach their legal duties or act negligently. They may be required to compensate the person or organisation they represent for any losses incurred as a result of their actions.
Yes, a steward is generally entitled to reasonable compensation for their services. The specific amount of compensation may be determined by a court, a contract, or by applicable laws or regulations.
In general, a steward is required to consult and consider the wishes and preferences of the person or organisation they represent. However, there may be situations where the steward has the authority to make decisions independently, especially if the person or organisation is unable to communicate or make decisions themselves.
Yes, a steward can be held accountable for financial mismanagement if they fail to properly manage and safeguard the assets of the person or organisation they represent. This may include misappropriation of funds, unauthorized transactions, or failure to maintain accurate financial records.
Yes, the appointment of a steward can be challenged or contested if there are valid reasons to believe that the steward is not acting in the best interests of the person or organisation they represent. This may involve filing a legal petition or initiating a court proceeding to seek a review or removal of the steward.
This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.
This glossary post was last updated: 17th April 2024.
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