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In a Certificate of Deposit, the Depositor Is the Payee

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In a certificate of deposit, the depositor is the payee.


Definitions:

Brentwood Academy

A private Christian coeducational college preparatory school located in Brentwood, Tennessee, USA.

Tennessee Secondary School Athletic Association

An organization that sets the rules and standards for high school athletic competitions in the state of Tennessee.

State Action

Activities or policies undertaken by government bodies or officials in the course of their official duties.

Equal Protection

The constitutional guarantee that the same laws and regulations apply equally to all people, ensuring no individual or group is treated unfairly.

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