51A-11-5. Minor's lease of safe deposit.
A bank may lease a safe deposit box to and in connection therewith deal with a minor with the same effect as if leasing to and dealing with a person of full legal capacity.
Source: SL 1969, ch 11, §9.5; SDCL, §51-23-5.
Structure South Dakota Codified Laws
Chapter 11 - Safe Deposit And Safekeeping
Section 51A-11-1 - Definition of terms.
Section 51A-11-2 - Regulation of safe deposit by commission.
Section 51A-11-3 - Fiduciary's access to safe deposit.
Section 51A-11-4 - Power of attorney.
Section 51A-11-5 - Minor's lease of safe deposit.
Section 51A-11-6 - Joint leaseholds in safe deposit.
Section 51A-11-7 - Death of lessee--Procedures for opening and delivery of contents of safe deposit.
Section 51A-11-7.1 - Death of joint lessee or other having right of access--Notification of lessor.
Section 51A-11-8 - Corporate lessee.
Section 51A-11-9 - Adverse claims to safe deposit.
Section 51A-11-10 - Unpaid rental--Procedures for opening safe deposit and disposition of contents.