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 Town 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 Town 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

• The Company shall notify the Bank if the continued use of such Authorized Depository is not approved annually by the Board of Directors of the Company, as required by Rule 17f-4 under the Act.

• 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 Company authorizes the Bank, for any Property held hereunder, to use the services of any United States securities depository permitted to perform such services for registered investment companies and their custodians pursuant to Rule 17f-4 under the Act, including, but not limited to, the Depository Trust Company, Participants Trust Company and the Federal Reserve Book Entry System (each an "Authorized Depository"), in accordance with the provisions of this Section 6.

• 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.

• Copies of all advices from the Authorized Depository of transfers of Property for the account of the Bank, as custodian for the Company, shall be maintained for the Company by the Bank for a period not less than that required by Rules 31a-1 and 31a-2 under the Act and shall be provided to the Company at its request.

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 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 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 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 a bank or trust company domiciled in the State of Nebraska which has been designated by the Director to accept for safekeeping purposes securities deposited pursuant to Section Neb.Rev.Stat,