Bank depository definition

Bank depository means an insured institution or trust company that:
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Bank depository means a bank or savings and loan
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Bank depository. ] “Bank” means an in- sured institution or trust company. [that:]
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Examples of Bank depository in a sentence

  • Triodos Bank depository receipts are not listed on any stock exchange.

  • This program allows local CDCs, non-profits and governmental entities to transfer properties from their inventories to the Atlanta Land Bank where they are held tax-free, and where maintenance costs are less expensive in light of the Atlanta Land Bank’s use of economies of scale.The first organization to utilize the Atlanta Land Bank depository program was Sustainable Neighborhood Development Strategies, Inc.

  • Checking, savings, money market, or financial brokerage accountsName of institution (bank or brokerage firm) T ype of account Last 4 digits of account number3.1 Wells Fargo Bank depository 7137 $0.00 4.

  • Bank depository should be approved by the Council of Governors upon recommendation from F&LRP.

  • All yeas.The bond for the fiscal officer and deputy fiscal officer has been renewed for$100,000.00 each, and other employees in the amount of $5000.00 each.First State Bank depository current agreement is effective until May 20, 2023.

  • Bank depository agreement: Nan is still waiting to get more information back from Kingston Bank.

  • Participants maintaining separate Fifth Third Bank depository accounts in their own names are eligible to transfer funds between such accounts and their Michigan CLASS accounts without incurring wire charges, subject to advance notification to Public Trust.Barnes & Thornburg, LLP serves as legal counsel to Michigan CLASS.

  • Although this collapse of banking tax payments proved deeper than that of the corporate totality, it also involved much less money and was accordingly less significant for government finance.

  • Client shall utilize a good funds method of settlement which requires Client to deposit a sufficient amount of immediately available funds in the Funding Card Account via transfer from another U.S. Bank depository account or via ACH transfer prior to registering or loading any Card.

  • All loan repayments made by the Council after September 30, 2017, will be directed to the Wells Fargo Bank depository account for redistribution to the five member counties represented on the Counties Transit Improvement Board.


More Definitions of Bank depository

Bank depository means a bank or savings and loan association that accepts a deposit of funds from the State Treasury;
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Bank depository. “investment depository”, “securities broker”, and “State Treasury” have the meanings provided in § 19-3-502; and
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Bank depository. ] ‘Bank’ means an insured institution or trust
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Bank depository means a bank, credit union, or savings and
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Bank depository means an insured institu- tion or trust company that:
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Related to Bank depository

  • Depository The Depository Trust Company, or any successor Depository hereafter named. The nominee of the initial Depository for purposes of registering those Certificates that are to be Book-Entry Certificates is Cede & Co. The Depository shall at all times be a "clearing corporation" as defined in Section 8-102(a)(5) of the Uniform Commercial Code of the State of New York and a "clearing agency" registered pursuant to the provisions of Section 17A of the Securities Exchange Act of 1934, as amended.

  • Qualified Depository A depository the accounts of which are insured by the FDIC through the BIF or the SAIF and the debt obligations of which are rated AA or better by Standard & Poor's Corporation.

  • Securities Depository means The Depository Trust Company and any other clearing agency registered with the SEC under Section 17A of the Securities Exchange Act of 1934, as amended (the “1934 Act”), which acts as a system for the central handling of Securities where all Securities of any particular class or series of an issuer deposited within the system are treated as fungible and may be transferred or pledged by bookkeeping entry without physical delivery of the Securities.

  • Depository Institution Any depository institution or trust company, including the Trustee, that (a) is incorporated under the laws of the United States of America or any State thereof, (b) is subject to supervision and examination by federal or state banking authorities and (c) has outstanding unsecured commercial paper or other short-term unsecured debt obligations that are rated P-1 by Moody's, F1+ by Fitch and A-1 by Standard & Poor's.

  • Securities Depositories means DTC; and, in accordance with then current guidelines of the Securities and Exchange Commission, such other addresses and/or such other securities depositories as the District may designate in a Written Request of the District delivered to the Paying Agent.

  • Depository Account includes any commercial, checking, savings, time, or thrift account, or an account that is evidenced by a certificate of deposit, thrift certificate, investment certificate, certificate of indebtedness, or other similar instrument maintained by a Financial Institution in the ordinary course of a banking or similar business. A Depository Account also includes an amount held by an insurance company pursuant to a guaranteed investment contract or similar agreement to pay or credit interest thereon.

  • Insured Depository Institution Insured Depository Institution shall have the meaning ascribed to such term by Section 1813(c)(2) of Title 12 of the United States Code, as amended from time to time.

  • Depositary means, with respect to the Notes issuable or issued in whole or in part in global form, the Person specified in Section 2.03 hereof as the Depositary with respect to the Notes, and any and all successors thereto appointed as depositary hereunder and having become such pursuant to the applicable provision of this Indenture.

  • Depository Accounts shall have the meaning set forth in Section 4.15(h) hereof.