17:14A-1. Definitions
131 words·~1 min read·
/nj/title-17/chapter-14a/17-14a-1·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
As used in this chapter:
a. "Commissioner" means the Commissioner of Banking of New Jersey;
b. "Department" means the Department of Banking of New Jersey;
c. "Safe Deposit Company" means a corporation organized for the purpose of keeping, maintaining and renting for hire safe deposit boxes for the safekeeping of personal property;
d. "Safe deposit box" means a receptacle for the safekeeping of personal property;
e. "Lessor" means a safe deposit company;
f. "Safe" means a place for the storage and safekeeping of personal property;
g. "Vault" means a room or compartment that is designed for the storage and safekeeping of personal property, including safes and safe deposit boxes and having a size and shape which permits entrance and movement within by one or more persons.
L.1983, c. 566, s. 17:14A-1.