55.01 DEFINITIONS. § Subdivision 1.Scope. Unless the language or context clearly indicates that a different meaning is intended, the following words, terms, and phrases shall, for the purposes of the laws of this state, be given the meanings subjoined to them. § Subd. 2.Safe deposit box. The words "safe deposit box" mean any box, safe, safe deposit box, receptacle, or any part or parts thereof, and any space in a vault, which may be used for the safekeeping and storage of valuable personal property. § Subd. 3.Valuable personal property. The words "valuable personal property" mean jewelry, plate, money, specie, bullion, stocks, bonds, valuable papers, or other personal property of value. § Subd. 4.Person. "Person" means an individual, partnership, unincorporated association or a corporation. "It" includes "he," "she," and "they." § Subd. 5.Safe deposit company. "Safe deposit company" means any person who lets out or rents, as lessor, for hire, safe deposit boxes, or space therein. History: (7747-1) 1933 c 340 s 1; 1945 c 114 s 1; 1986 c 444