Official depository definition

Official depository means one or more banks, savings and loan
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Official depository means a bank, savings and loan association, or credit union, chartered by the state or the United States, and located and doing business in Michigan.
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Official depository means the County’s primary provider of banking services.1.04. Roles and responsibilities. The following have responsibilities related to this policy:a. General Government Committee. The General Government Committee has the following responsibilities under the policy.
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Examples of Official depository in a sentence

  • North carolina environmental requirement; and sells or death certificate must be no longer necessary by borrowers are developed a lien holder on Official depository any bank junior savings association whose principal.

  • Official depository for city funds.2 The Erin Bank and Trust Company of Erin, Tennessee, is hereby designated as the official depository for all municipal funds.

  • The council held a discussion on the following:• Official Newspaper: Council discussed only one newspaper is required but council felt a need for both Prior Lake American and Lakeville Sun This Week for publications• Official depository: Will continue to utilize Old National Bank.• Acting Mayor: Council Member Markert• Committee appointments were reviewed and will remain the same.• Liaisons will remain the same.

Related to Official 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.

  • 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.

  • Authorized Bank Account means any Officially Designated bank account to which redemption proceeds may be sent.

  • 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.