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LSDefine

Simple English definitions for legal terms

deposit company

Read a random definition: paternity test

A quick definition of deposit company:

A deposit company is a type of business that keeps valuable things safe for people. They have boxes or safes that people can rent to store their things in. It's like a big locker room for important stuff. The deposit company doesn't own the things inside the boxes, they just keep them safe.

A more thorough explanation:

A deposit company is an institution that provides safekeeping services for securities or other valuables deposited in boxes or safes leased to the depositors. It is a type of company that specializes in keeping valuable items safe for their clients.

For example, a person may rent a safe deposit box from a deposit company to store important documents, jewelry, or other valuable items. The deposit company will provide a secure location for the items and ensure that only the renter or authorized persons have access to the box.

Another example is a securities deposit company that holds securities on behalf of investors. These companies provide a secure location for investors to store their securities and ensure that they are not lost or stolen.

In summary, a deposit company is a specialized type of company that provides safekeeping services for valuable items. It ensures that the items are secure and only accessible to authorized persons.

deposit box | deposit contract

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TGM
18:39
@texaslawhopefully: alas, haven’t even gotten an interview (applied around thanksgiving)
18:39
Yeah I would delay as long as you have plausible deniability
TGM
18:40
I actually do have a transcript issue that registrar needs to resolve, should I say that
TGM
18:41
(Course marked as Incomplete that’s supposed to be removed)
TGM
18:41
not sure if I should email them to say that, or just hold off on sending it and not give an excuse
18:41
I think I just wouldn’t reach out and if they ask for them then say that
Dkk
18:41
@tgm Yeah sounds good, say that if they ask
18:47
hey yall
18:47
im premed idk why im here
18:48
we’re like cool and sexy and fun I get it
18:48
true i love ur user
18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
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