Qualified escrow agent means the State Treasurer or any bank or trust company approved by the Treasury Board to hold collateral pledged to secure public deposits.
Qualified escrow agent means any bank or trust company that is qualified to hold collateral pledged to secure public deposits.
More Definitions of Qualified escrow agent
Qualified escrow agent means the State Treasurer or any bank or trust company
Qualified escrow agent means a commercial bank, trust company or other financial institution with a combined capital and surplus in excess of One Hundred Million Dollars ($100,000,000).
Qualified escrow agent means a neutral Third Party selected by the party required to place funds in escrow who has prior experience as a neutral escrow agent and is not rejected by the arbitrator.
Qualified escrow agent means any commercial bank with full corporate trust powers located within the state whose accounts are insured by the Federal Deposit Insurance Corporation; and