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2014 Statute



Prev Article 15. - BANKING CODE; SAFE DEPOSIT BOX RENTALNext


9-1501.State policy. The state recognizes that the storing and safekeeping of personal property in safe deposit boxes is germane and pertinent but not exclusive to the business of banking and trust companies; and that suitable laws should be enacted covering the relations resulting therefrom; and that all such laws also should extend to separately incorporated safe deposit companies inasmuch as banks are authorized by this act to incorporate and conduct separately their safe deposit business.

History: L. 1947, ch. 102, § 70; June 30.



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