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Depositary - Law Dictionary Search Results

Home Dictionary Name: depositary

Depositary

Depositary, one with whom anything is lodged in trust, as 'depository' is the place where it is put. The obligation on the part of the depositary is, that he keeps the thing with reasonable care, and, upon request, restore it to the depositor, or otherwise deliver it, according to the original trust.Means a company formed and registered under the Companies Act, (1 of 1956), and which has been granted a certificate of registration under sub-s. (1A) of s. 12 of the Securities and Exchange Board of India Act, 1992 (15 of 1992). [Depositories Act, 1996 (22 of 1996), s. 2 (1) (e)]...


depositary

depositary pl: -tar·ies : an individual or entity (as a business organization) that holds a deposit [the ought to restore the precise object which he received "Louisiana Civil Code"] ;also : depository ...


depositary bank

depositary bank see bank ...


deposit

deposit 1 : to place for safekeeping or as security [may the property with the court] ;esp : to put in a bank account 2 in the civil law of Louisiana : to place (movable property) under a deposit [the depository can not make use of the thing ed "Louisiana Civil Code"] de·pos·i·tor [di-pÄ -zə-tər] n n 1 : the state of being deposited (as in an account) [holding the property on ] compare escrow, trust 2 : something placed for safekeeping: as a : money deposited in a bank esp. to one's credit demand deposit : a bank deposit that can be withdrawn without prior notice general deposit : a deposit of money in a bank that is to the credit of the depositor thereby giving the depositor the right to money and creating a debtor-creditor relationship special deposit : a deposit that is made for a specific purpose, that is to be returned to the depositor, and that creates a bailment or trust time deposit : a bank deposit that can be withdrawn only after a...


bank

bank : an organization for the custody, loan, or exchange of money, for the extension of credit, and for facilitating the transmission of funds branch bank : a banking facility that is a separate but dependent part of a chartered bank ;esp : a facility that performs some banking functions and is separate from a main office bridge bank : a national bank that is chartered for a limited time to operate an insolvent bank until it is sold central bank : a national bank that establishes monetary and fiscal policy and controls the money supply and interest rate collecting bank : a bank other than the payor bank that is handling for collection a negotiable instrument or a promise or order to pay money commercial bank : a bank organized chiefly to handle the everyday financial transactions of businesses (as through deposit accounts and commercial loans) cooperative bank : an association (as a credit union) owned by and offering banking services for its members ;specif : savings and ...


depository

depository pl: -ries 1 : a place where something is deposited esp. for safekeeping [night ] ;specif : a bank chosen for the depositing of government funds 2 : depositary ...


Depositary

One with whom anything is lodged in the trust one who receives a deposit the correlative of depositor...


Reliquary

A depositary often a small box or casket in which relics are kept...


Actio depositi contraria

Actio depositi contraria, an action which a depositary has against a depositor, to compel him to fulfil his engagement towards him, Civil Law....


Actio depositi directa

Actio depositi directa, an action by a depositor against a depositary, in order to get back the thing deposited, Civil Law....


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