11 Guam Code Ann. § 106131
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Terms Used In 11 Guam Code Ann. § 106131
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
As used in this Part:
(a) Lessee means a person contracting with a lessor for the use of a safe deposit box.
(b) Lessor means a bank, trust company, or subsidiary renting safe deposit facilities, and includes a safe deposit company organized and operating under the jurisdiction of the Division solely for the purpose of leasing safe deposit facilities.
(c) Safe Deposit Box means a safe deposit box, vault, or other safe deposit receptacle maintained by a lessor and the rules relating thereto apply to property or documents kept in safekeeping in the bank’s vault.
SOURCE: GC § 30100.
2013 NOTE: Pursuant the authority granted by 1 GCA § 1606, subsection designations were added to adhere to the Compiler’s alpha-numeric scheme.