™Your Policy Risk Impact Agent
20 chapters · 460 sections in this title.
SDCL § 51A-11-1 Definition of terms
0.5K chars
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) "…
SDCL § 51A-11-10 Unpaid rental--Procedures for opening safe deposit and disposition of contents
1.2K chars
If the rental due on a safe deposit box has not been paid for one year, the lessor may send a notice by registered or certified mail to the last known address of the lessee stating that the safe deposit box will be opened and its contents stored at the expense of the lessee unles…
SDCL § 51A-11-2 Regulation of safe deposit by commission
0.3K chars
The leasing of safe deposit boxes by a lessor shall be subject to such rules as the commission may prescribe, and such rules shall be promulgated with a view toward ensuring as much privacy and security to the lessee as sound banking practice will allow. Source: SL 1969, ch 11 , …
SDCL § 51A-11-3 Fiduciary's access to safe deposit
0.6K chars
Where a safe deposit box is made available by a lessor to one or more persons acting as fiduciaries, the lessor may, except as otherwise expressly provided in the lease or the writings pursuant to which such fiduciaries are acting, allow access thereto as follows: (1) By any one …
