Authorized Depository definition

Authorized Depository means any bank, trust company, national banking association, savings and loan association, savings bank or other banking association selected by the District as a depository, which is authorized under Florida law to be a depository of municipal funds and which has qualified with all applicable state and federal requirements concerning the receipt of District funds.

Authorized Depository means any bank, trust company, national banking association, savings and loan association, savings bank or other banking association selected by the Issuer as a depository, which is authorized under Florida law to be a depository of public funds of the Issuer and which has qualified with all applicable state and federal requirements concerning the receipt of Issuer funds.

Authorized Depository means a person notified by the President of the Union to be entitled to accept the custody of securities and documents of title to securities, and

Examples of Authorized Depository in a sentence

• Review, revise, and adopt Resolution Establishing the Authorized Depository Institutions and Adopting List of Qualified Broker/Dealers with Whom the District May Engage in Investment Transactions.

• The records of the Bank with respect to Property which is maintained in an Authorized Depository shall identify the Property as belonging to the Company.

• The Board of Directors of the Company shall approve the use of each Authorized Depository by the Company, as required by Rule 17f-4 under the Act, that is listed on Exhibit A hereto, and a certified copy of such resolution shall be provided to the Bank.

• The Bank shall not be liable for any claim, liability, loss, damage or expense incurred by the Company arising out of any act or omission by an Authorized Depository, except such claim, liability, loss, damage or expense arising out of the negligence or willful misconduct of the Bank.

• Upon request, the Bank shall furnish the Company with written confirmation of each transfer to or from the account of the Bank, as custodian for the Company, in the form of monthly transaction sheets reflecting the previous month's transactions in the Authorized Depository for the account of the Bank, as custodian for the Company.

More Definitions of Authorized Depository

Authorized Depository means any bank, trust company, national banking association, savings and loan association, savings bank or other banking association selected by the Town as a depository, which is authorized under Florida law to be a depository of municipal funds and which has complied with all applicable state and federal requirements concerning the receipt of Town funds.

Authorized Depository means any bank, trust company, national banking association, savings and loan association, savings bank or other banking association selected by the Issuer as a depository, which is authorized under Florida law to be a depository of municipal funds and which has complied with all applicable state and federal requirements concerning the receipt of funds of the Issuer, including but not limited to Chapter 280, Florida Statutes.

Authorized Depository means a person notified by the Federal Government to be entitled to accept the custody of securities and documents of title to securities, and

Authorized Depository means any bank, trust company, national banking association, savings and loan association, savings bank or other banking association selected by the County as a depository.

Authorized Depository means any bank, trust company, national banking association, savings and loan association, savings bank or other banking association selected by the Issuer as a depository, having a combined capital, surplus and undivided profits of at least $50,000,000, which is authorized under Georgia law to be a depository of municipal funds and which has qualified with all applicable state and federal requirements concerning the receipt of Issuer funds.

Authorized Depository means the State Board of Administration and any state banking corporation or national banking association situated in the State of Florida which is a member of the Federal Deposit Insurance Corporation and which is eligible under the laws of the State of Florida to receive deposits of funds of the Issuer.

Authorized Depository means any bank, trust company, national banking association or other banking association selected by the City as a depository, which is authorized under Florida law to be a depository of municipal funds and which has complied with all applicable state and federal requirements concerning the receipt of City funds.