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 mayprovide that any one or more of the lessees, or the survivor or survivorsof such lessee or lessees shall have access and entry to such safe depositbox and the right to remove the contents from such box whether the otherlessee or lessees be living, incompetent or dead; and in case of suchremoval the lessor shall not be liable for the removal thereof.

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