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DESIGNATION OF DEPOSITORY FOR DIRECT DEPOSIT OF COAL BOARD FUNDS SECTION 1 (To be completed by Coal Board Grant Recipient)The Name, Address, and Zip Code of Grant Recipient\'s Bank has been designated
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01
Obtain the designation of depository form from the relevant institution or organization.
02
Fill out the form with your personal information, including your name, address, and contact details.
03
Specify the details of the depository that you are designating, including their name, address, and contact information.
04
Sign and date the form to make it legally binding.
05
Submit the completed form to the appropriate party for processing.

Who needs designation of depository for?

01
Individuals who want to designate a specific depository for their assets or securities.
02
Financial institutions or organizations that require designated depositories for regulatory compliance purposes.
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The designation of depository is for specifying a financial institution where securities are held, typically for safekeeping or in relation to a specific transaction.
Individuals or entities involved in financial transactions or managing securities may be required to file a designation of depository.
The designation of depository form typically requires information about the financial institution, account details, and the purpose of the designation.
The purpose of the designation of depository is to provide a clear record of where securities are held and who has control over them.
Information such as the name of the financial institution, account number, type of securities held, and the purpose of the designation must be reported on the form.
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