CHAPTER 17. Safe Deposit [1620. - 1651.]

Chapter 17 added by Stats. 2011, Ch. 243, Sec. 3.

§§ 1620–1651 · 23 sections

1. ARTICLE 1. General Provisions § 1620 · 1 section

   • § 1620 Notice to a bank operating a safety deposit department or to a company conducting a safety deposit business of an adverse claim (the person making the adverse…
2. ARTICLE 2. Remedies for Nonpayment of Rent §§ 1630–1651 · 22 sections

   • § 1630 Every bank conducting a safe-deposit business shall be entitled to the special remedies set forth in this article in enforcing the liabilities of safe-deposit…
   • § 1631 If the rental of any safe-deposit box is not paid within six months from the day it is due, the bank, or at any time thereafter and while such rental remains…
   • § 1632 At any time after the date specified in such notice, if the rental for such safe-deposit box to the date of payment and the cost of giving such notice have not…
   • § 1633 The following persons, and no others, are entitled to receive from the bank a copy of the inventory: (a) An executor of the decedent’s will. (b) The…
   • § 1634 All contents removed from a safe-deposit box pursuant to Section 1632 shall be retained by the bank for at least two years unless sooner delivered to or on the…
   • § 1635 At any time after two years from the day when a safe-deposit box has been opened pursuant to this article, the bank may mail a notice to the person in whose…
   • § 1636 Notwithstanding any of the provisions of this article, no stocks, bonds, or other securities which, at the time of sale pursuant to Section 1635, are listed on…
   • § 1637 Upon the making of a sale of any securities, an officer of the bank shall execute and attach to the securities so sold an affidavit reciting facts showing that…
   • § 1638 From the proceeds of any sale the bank shall deduct the amount set forth in such notice and any further charges which may have accrued since the mailing of the…
   • § 1639 Any documents, letters, or other articles found in a safe-deposit box opened pursuant to Section 1632, which in the judgment of at least two officers of the…
   • § 1640 If, before the effective date of this section, a bank or its predecessor in interest, has caused a safe-deposit box to be opened for nonpayment of rental, and…
   • § 1641 Whenever a bank receives personal property for safekeeping or storage as bailee and issues a receipt therefor, the bank may enforce its lien as warehouseman in…
   • § 1642 If the amount charged by a bank for the safekeeping or storage of personal property is not paid within six months from the day it is due, the bank, at any time…
   • § 1643 From the proceeds of the sale, the bank shall deduct all charges as stated in the final notice, together with any further charges that have accrued since the…
   • § 1644 Any documents, letters, or other articles which, in the judgment of an officer of the bank, have no apparent intrinsic or marketable value, need not be offered…
   • § 1645 The power conferred on a bank to sell the contents of a safe-deposit box or personal property received for safekeeping or storage for nonpayment of rental or…
   • § 1646 A bank holding a safe-deposit box originally rented from, or personal property against which a safekeeping or storage receipt was issued by, a predecessor in…
   • § 1647 The provisions of this article do not preclude any other remedy by action or otherwise now or hereafter existing for the enforcement of the claims of a bank…
   • § 1648 If the principal of, or interest or dividends on, any securities that have come into the possession of any bank by reason of action taken pursuant to this…
   • § 1649 (a) Whenever this article requires that notice be sent to a person, and the box stood or stands on the records of the bank or the safekeeping or storage…
   • § 1650 Whenever an amount of safe-deposit rental, custody, safekeeping, or other charge is to be paid or deducted pursuant to this article, there shall be added to…
   • § 1651 Any bank or trust company may receive bonds issued by the United States Government for safekeeping, collection, or storage, and shall receipt therefor to the…