Common use of Qualified Lender Clause in Contracts

Qualified Lender. The Lender is eligible to make commercial loans, is a public depository of State funds, is insured by the Federal Deposit Insurance Corporation and has executed an Agency Bank Account Services Contract with the Maryland Treasurer=s Office.

Appears in 1 contract

Sources: Deposit Agreement

Qualified Lender. The Lender is eligible to make commercial loans, is a public depository of State funds, is insured by the Federal Deposit Insurance Corporation and has executed an Agency Bank Account Services Contract with the Maryland Treasurer=s ’s Office.

Appears in 1 contract

Sources: Deposit Agreement