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 writings pursuant to which such fiduciaries are acting, allow access thereto as follows:
(1) By any one or more of the persons acting as executors or administrators;
(2) By any one or more of the persons otherwise acting as fiduciaries when authorized in writing signed by all other persons so acting; or
(3) By any agent authorized in writing signed by all of the persons acting as fiduciaries.
HISTORY: 1962 Code Section 8-504; 1952 (47) 1932.
Structure South Carolina Code of Laws
Title 34 - Banking, Financial Institutions and Money
Chapter 19 - Safe-deposit Boxes
Section 34-19-10. Definitions.
Section 34-19-20. Safe deposit business authorized.
Section 34-19-30. Lease of box to minor.
Section 34-19-40. Access to box of fiduciary.
Section 34-19-50. Access to box of decedent; removal of contents.
Section 34-19-60. Refusal of access because of adverse claim.
Section 34-19-70. Opening box when rental is one year in default.
Section 34-19-80. Sale of contents unclaimed for two years.
Section 34-19-90. Disposition of proceeds of sale of contents.
Section 34-19-100. Destruction of private documents of no apparent value.
Section 34-19-110. Use of words "safe deposit" or "safety deposit".