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A deposit initiator is the first bottler, distributor, dealer or agent to collect the deposit on a beverage container sold in New York State. You're a deposit initiator if you: 1  Bottle beverages in beverage containers with an established deposit. 2  Distribute beverages in beverage containers with an established deposit and you did not purchase the containers from a registered deposit initiator.
The Glass-Steagall Act of 1933 (not to be confused with the first Glass-Steagall Act, passed in February, 1932), provided for the Federal Deposit Insurance Corporation. At its onset, the maximum amount a single depositor could have insured in a single bank was $2500.