Depositor


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DEPOSITOR, contracts. He who makes a deposit.
     2. He is generally entitled to receive the deposit from the depositary, but to this rule there are exceptions; as. when the depositor at the time of making the deposit had no title to the property deposited, and the owner claims it from the depositary, the depositor cannot recover it; and for this reason, that he can never be in a better situation than the owner. 1 Barn. & Ald. 450; 5 Taunt. 759. As to the place where the depositor is entitled to receive his deposit, see Story on Bailm. Sec. 117-120 1 Bouv. Inst. n. 1063.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
Proceeds from the sale of closed banks' properties are added to the pool of funds of these banks for distribution to creditors and uninsured depositors in accordance with the rules on concurrence and preference of credits.
The low number of bank depositors suggests that the financial system is not fairly developed and it will be not wrong to say that Pakistan is an undocumented economy.
This was the beginning of another long process as depositors, unable to survive, fought to ward off creditors.
KARACHI -- The State Bank of Pakistan (SBP) on Friday launched the Deposit Protection Corporation (DPC) to provide protection for the depositors in the event of a bank failure.
The burden is thus on the withdrawing depositor to attest that the other joint depositor is still living under pain of perjury if it turns out that the statement is untrue, since the attestation is deemed under oath.
Summary: New Delhi [India], Jan 3 (ANI): Following media reports on bail-in provisions under the Financial Resolution and Deposit Insurance (FRDI) Bill, 2017, Department of Economic Affairs Secretary Subhash Chandra Garg on Wednesday claimed that these provisions would not be applicable to around 98 percent of depositors.
Protection Corporation Bil-2016' says the deposit insurance is considered an integral safety-net tool to ensure the soundness of the banking system and protect small depositors of a bank in case of its failure.
According to SBP the decision was taken in order to protect the interest of depositors and other stakeholders and due to financial health and other circumstances of KASB Bank Limited.
The new depositor, which replaces a two-component model, can make sophisticated confectionery with features such as stripes, swirls, centre-fillings and layers.
where [S.sub.i] denotes depositor i's private signal of investment return.
When the depositor deposits a will, he will receive a receipt of deposit.
Summary: Britain has secured agreement from the Icelandic authorities to repay money paid out by the Government in compensation to UK depositors.