Common Contracts
1 similar Escrow Account Agreement contracts
ContractEscrow Account Agreement • March 15th, 2021
Illinois Department of Financial and Professional Regulation Division of Professional RegulationMedical Cannabis Dispensing OrganizationEscrow Account Agreement Effective Date: Dispensing Organization License Number: 280. _ _ Dispensing Organization Name Dispensing Organization Address: Name of Financial Institution Financial Institution Address KNOW ALL PERSONS BY THESE PRESENTS,That we, of the City of _ ,(Full Legal Name of Dispensing Organization, hereinafter the “Principal”), County of , State of Illinois, as Principal, and (Full Legal Name of Financial Institution)a(n) state-chartered _ _of the City of _ , County of _ , State of , a financialinstitution duly licensed and authorized to transact business in the State of (the “Financial Institution”), at the direction of the Principal, and subject to the terms and condition of its membership agreement with Financial Institution, shall hold the amount of FIFTY THOUSAND DOLLARS ($50,000) in a non-interest bearing account titled in t
