51A-11-1. Definition of terms.
76 words·~1 min read·
/sd/title-51/chapter-51-11/51a-11-1·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Terms used in this chapter, unless the context otherwise plainly requires, shall mean:
(1)"Lessee," a person contracting with the lessor for the use of a safe deposit box;
(2)"Lessor," a bank or branch bank which engages in the business of renting safe deposit facilities;
(3)"Safe deposit box," a box, vault, or other receptacle maintained by a lessor in its vault and the purpose of which is to secure the property of a lessee.