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9-1503. Joint tenancy of safe deposit box.

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9-1503 Chapter 9.--BANKS AND BANKING; TRUST COMPANIES Article 15.--BANKING CODE; SAFE DEPOSIT BOX RENTAL 9-1503. Joint tenancy of safe deposit box. Joint tenancy in and to a safe deposit box may be created by contract, with two or more persons named as lessees. The terms of such contract may provide that any one or more of the lessees, or the survivor or survivors of such lessee or lessees shall have access and entry to such safe deposit box and the right to remove the contents from such box whether the other lessee or lessees be living, incompetent or dead; and in case of such removal the lessor shall not be liable for the removal thereof. History: L. 1947, ch. 102, § 72; June 30.
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  • 9-1503

    Chapter 9.--BANKS AND BANKING; TRUST COMPANIES
    Article 15.--BANKING CODE; SAFE DEPOSIT BOX RENTAL

          9-1503.   Joint tenancy of safe deposit box. Joint tenancy in and to a safe deposit box may be created by contract, with two or more persons named as lessees. The terms of such contract may provide that any one or more of the lessees, or the survivor or survivors of such lessee or lessees shall have access and entry to such safe deposit box and the right to remove the contents from such box whether the other lessee or lessees be living, incompetent or dead; and in case of such removal the lessor shall not be liable for the removal thereof.

          History:   L. 1947, ch. 102, § 72; June 30.

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