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General Depository Agreement U.S. Department of Housing and Urban Development OMB No, 25770075Office of Public and Indian Housing Exp. 10/31/2017This Agreement, entered into this day of, 20 by and
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General depository agreement is a contract between a bank and a company, allowing the bank to hold funds on behalf of the company.
Companies and financial institutions that engage in depositing funds in a bank account are required to file a general depository agreement.
To fill out a general depository agreement, you need to provide detailed information about the company and the bank, as well as terms and conditions regarding the deposit.
The purpose of a general depository agreement is to establish the relationship between the bank and the company regarding the depositing of funds.
The general depository agreement must include details about the company and the bank, the amount and frequency of deposits, and any terms and conditions related to the deposit.
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