The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

DEPOSITARY Definition & Legal Meaning

Definition & Citations:

The party receiving a deposit; one with whom anything is lodged intrust, as “depository” is the place where it is put. The obligation on the part of thedepositary is that he keep the thing with reasonable care, and, upon request, restore itto the depositor, or otherwise deliver it, according to the original trust.


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