N.Y. Banking Law 334 – Leases to minors
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§ 334. Leases to minors. A lessor may let a safe deposit box to a minor with the same effect as if such lessee were of full age and with the same effect may allow access to such safe deposit box and to the contents thereof to such lessee or to any deputy or agent appointed in writing by such lessee.
Terms Used In N.Y. Banking Law 334
- lessor: means a banking organization, foreign banking corporation or a national banking association authorized to engage in the safe deposit business. See N.Y. Banking Law 332
- safe deposit box: means a vault, safe deposit box or other receptacle. See N.Y. Banking Law 332