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South Dakota · Through 2026-08-31 · Newer source version available

SDCL § 51A-11-1: Definition of terms.

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Where this section sits in the code
  1. TITLE 51A. BANKS AND BANKING
  2. CHAPTER 51A-11. SAFE DEPOSIT AND SAFEKEEPING

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.

Source: SL 1969, ch 11, § 9.1; SDCL, § 51-23-1.

Collected 2026-09-03T15:18:57Z. Source file · JSON

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