51A-11-7. Death of lessee--Procedures for opening and delivery of contents of safe deposit.
If only one lessee is named in the lease agreement covering a safe deposit box rental and such lessee shall die, the safe deposit box may be opened at any time thereafter and all contents may be delivered, without inventory, to the personal representative or special administrator of a deceased lessee, and without liability to the lessor.
In the alternative, after the lessee's death, the safe deposit box may be opened at any time, in the presence of those persons presenting the key thereto and claiming to be interested in the contents thereof, by two employees of the lessor, one of whom shall be an officer of the lessor. The employees may remove all instruments of a testamentary nature and personally deliver or forward them by registered or certified mail to the probate court having apparent jurisdiction. The employees may deliver life insurance policies contained in the box to the beneficiary named in the policies. Any and all other contents of the box so opened shall be kept and retained by the lessor and shall be delivered only to the parties legally entitled to the same.
If no person presents the key to the safe deposit box within six months after the death of the lessee, the lessor, by two employees, one of whom shall be an officer of said lessor, may open the box by forcible entry and remove the contents and deliver the same to the probate court, subject to the payment of rentals, of expenses, and the repairs.
This section applies if all of the lessees under a joint leasehold agreement are deceased.
Source: SL 1969, ch 11, §9.7; SL 1970, ch 265, §49; SDCL 51-23-7; SL 2000, ch 229, §18.
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.