As used in this article, unless the context otherwise requires: “Fiduciary” means any person as defined in section 15-1-103 (2), C.R.S. “Lease” means the contract between lessor and lessee governing the use, payment, and other terms and conditions with regard to a safe deposit box. “Lessee” means a person contracting with a lessor for the […]
Any savings and loan associations organized under articles 40 to 46 of this title and any federal savings and loan associations organized under the “Home Owners’ Loan Act of 1933”, as amended, except to the extent that laws, rules, and regulations under which they operate are inconsistent with this article, may engage in the business […]
A lessor may lease a safe deposit box to any natural person and, in connection therewith, deal with such person without liability until there is filed with such lessor a certified copy of any order of a Colorado court indicating that such person is under a legal disability and directing the lessor to deal with […]
Any lessor may lease a safe deposit box to one or more natural persons as joint tenants, and any one of such joint tenants shall have the right of access to such safe deposit box. Upon the death of any joint tenant, the provisions of section 15-10-111, C.R.S., and of this section with regard to […]
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 instrument of authority pursuant to which such fiduciaries are acting and copies of which have been furnished the lessor, allow access thereto as […]
Where a lessor, without written notice or actual knowledge of the death or of a determination of legal incompetence of the lessee, deals with said lessee or his agent pursuant to a written power of attorney signed by such lessee, the transaction binds the lessor and the estate of the lessee. Source: L. 59: p. […]
The provisions of section 15-10-111, C.R.S., shall apply to the search procedure of a safe deposit box on the death of a lessee. Source: L. 59: p. 666, § 7. CRS 53: § 122-8-7. C.R.S. 1963: § 122-7-7. L. 73: p. 1650, § 16.
A lessor shall not deny access to a safe deposit box to its lessee unless the claim of said lessee is adverse within the terms of this section. A claim shall be considered adverse when: The lessor is directed to deny such access by a court order issued in an action in which the lessee […]
If the rental on a safe deposit box has not been paid for one year after it is due, the lessor may petition a court of competent jurisdiction to make disposition of the contents of such safe deposit box, and the lessor shall have the right to claim and accept any proceeds from such disposition […]
