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LSDefine

Simple English definitions for legal terms

depositary

Read a random definition: communis scriptura

A quick definition of depositary:

A depositary is a person or a place where you can leave your money or valuable things to keep them safe. It's like a special safe where you can store your important things and know that they will be protected.

A more thorough explanation:

A depositary is a person or institution that you trust to keep your money or valuable items safe. For example, a bank is a depositary where you can keep your money in a savings account. Another example is a safe-deposit company where you can store your valuable items like jewelry or important documents.

  • John left his jewelry with a safe-deposit company as he was going on a long vacation.
  • The company's profits were deposited in a bank account, and the bank acted as the depositary for the funds.

The first example illustrates how a safe-deposit company can act as a depositary for valuable items. The second example shows how a bank can act as a depositary for a company's funds.

deposit | depositary bank

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General chat about the legal profession.
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21:18
I literally worked across the room from a team working on AI targeting software for drone strikes
21:20
and by AI targeting software I mean AI that identifies “high value” targets
21:20
aka school buses full of children or hospitals
OlDirtyBtard
22:07
death star operator calls stormtroopers baby killers
OlDirtyBtard
22:07
wild
22:14
yeah I mean if you wanna call veterans Nazis surely you’re on a pretty equivalent standing here
22:15
do you think it would be accurate or truthful if someone were to describe you that way?
OlDirtyBtard
22:27
i think he's worse actually. vets can be anything from infantry (probably kill one or two guys max) to support staff (kill nobody). if you make industrial weapons you are facilitating higher levels of violence
22:35
Fair, though I can step back and recognize my naivety and come to the conclusions I have. Rather than arguing that any attack against me in unjustified
22:36
But tbf I did get fired for being too politically outspoken
OlDirtyBtard
22:39
i mean honestly forget about attacking anyone. i think if you really care about these issues it's best to look at it from a systemic lens rather than spewing bile
OlDirtyBtard
22:41
also fwiw some of the biggest anti-war advocates are veterans. see the "winter soldier" protest movement during the Vietnam war
I wasnt infantry but every marine is a riffleman. I also didnt join for the financial need. I ended up leaving s footprint int he service by making policy to help service members with their immigration status/family member status for the DoD. Call it whatever you want but those are the meaningful things and experience I bring with me to Law School.
a* the* sorry lol
ParallelAgreeableOrangutan
23:59
Sounds like you'll have plenty with which to dazzle admissions committees. Also sounds like nobody in here is a vet lol. Maybe try r/lawschooladmissions?
ParallelAgreeableOrangutan
0:03
Or possibly even reach out to admissions offices at schools you're interested in. Often they have current students who serve as admissions ambassadors, and you can ask to be put in touch with someone who fits a specific profile (e.g., a veteran). Doesn't hurt to try, and showing early interest in a school is never a bad idea anyway (supposedly they keep track of contact with applicants/prospective students)
9:12
I am quite impressed by the civility and level of discourse in this chat, I have a lot of faith in the new generation's wisdom, kindness, and rejection of the status quo. I think we have some exceptional leaders rising up, and I am confident some of them are you. :)
9:14
Also, if u were a kid from 1990+, you had access to the most amount of information at once in human history. This made nuanced and critical thinkers. I am excited for the future. Make tech ur b, acquire knowledge, help people/make the world a better place. One step at a time.
cant tell if sarcasm or not
10:16
100% cereal.
I can’t believe you guys were having military discourse without me smh
10:36
you were too busy being followed by the UofM gestapo
10:40
le military is sad on many fronts, but during times of peace, it does give opportunity, drive tech, and do some good.
10:41
also, who else is gonna have an affair with Jody?
10:42
#dontbeaJody
I don’t think the mich gestapo would follow me. I think they’d get bored
10:58
Just hire 7 people to dress up as you and evade their surveillance, then after a while give yourself up but then switch out for one of your doubles
10:59
and then find the porn mags your gestapo agent was in
11:00
“its not porn” he’ll say, but you know the truth, you know what porn is, you got really good grades
Girafffffffffffffe
11:07
The last time I checked this chat everyone was hating on Nemo, now here he is talking about porn. This website is awesome.
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