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- In law, a depository is a person or institution entrusted with the safekeeping of money or other valuable items12. Depository is often used to refer to banks, savings and loan institutions, credit union and trust companies3. The term depository is also used to refer to institutions that hold securities and provide assistance and guidance in the trading of securities3. In international law, a depositary is a government or organization to which a multilateral treaty is entrusted4.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Depository is a person or institution with whom money or valuables is confided or deposited for safekeeping. A depository ought to return or restore the deposit in the same condition in which he/her received it.definitions.uslegal.com/d/depository-/Depository in law refers to a person or institution entrusted with the safekeeping of money or other valuable items. It involves a legal duty to take reasonable care of the deposited items and to return them upon request.aadityaspinehospital.com/understanding-the-legal-…A depository is the place where deposits are placed for safekeeping purposes. A depository oftentimes refers to banks, savings and loan institutions, credit union and trust companies. The term depository is also used to refer to institutions that hold securities and provide assistance and guidance in the trading of securities.www.law.cornell.edu/wex/depositoryIn international law, a depositary is a government or organization to which a multilateral treaty is entrusted.en.wikipedia.org/wiki/Depositary
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