Form COLL-93B Exhibit B Escrow Agent Agreement (For Public Deposits Collateralized Under Pooling Method) - North Carolina

What Is Form COLL-93B Exhibit B?

This is a legal form that was released by the North Carolina Department of State Treasurer - a government authority operating within North Carolina. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is the purpose of Form COLL-93B Exhibit B Escrow Agent Agreement?
A: The purpose of Form COLL-93B Exhibit B Escrow Agent Agreement is to facilitate the collateralization of public deposits under the pooling method in North Carolina.

Q: Who is involved in Form COLL-93B Exhibit B Escrow Agent Agreement?
A: The parties involved in Form COLL-93B Exhibit B Escrow Agent Agreement are the escrow agent and the entity depositing the public funds.

Q: What is the role of the escrow agent in Form COLL-93B Exhibit B Escrow Agent Agreement?
A: The escrow agent is responsible for holding and managing the collateral that is pledged to secure the public deposits.

Q: What is the pooling method mentioned in Form COLL-93B Exhibit B Escrow Agent Agreement?
A: The pooling method refers to the practice of combining multiple public deposits from different entities and collateralizing them together.

Q: Is Form COLL-93B Exhibit B Escrow Agent Agreement specific to North Carolina?
A: Yes, Form COLL-93B Exhibit B Escrow Agent Agreement is specific to North Carolina and is used for public deposits collateralized under the pooling method in the state.