Sec. 59.106. ACCESS BY MORE THAN ONE PERSON. (a) If a safe deposit box is leased in the name of two or more persons jointly or if a person other than the lessee is designated in the lease agreement as having a right of access to the box, each of those persons is entitled to have access to the box and to remove its contents in the absence of a contract to the contrary. This right of access and removal is not affected by the death or incapacity of another person who is a lessee or otherwise entitled to have access to the box.
(b) A safe deposit company is not responsible for damage arising from access to a safe deposit box or removal of any of its contents by a person with a right of access to the box.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Structure Texas Statutes
Title 3 - Financial Institutions and Businesses
Chapter 59 - Miscellaneous Provisions
Subchapter B. Safe Deposit Boxes
Section 59.102. Authority to Act as Safe Deposit Company
Section 59.103. Relationship of Safe Deposit Company and Renter
Section 59.104. Delivery of Notice
Section 59.105. Effect of Subchapter on Other Law
Section 59.106. Access by More Than One Person
Section 59.107. Nonemergency Opening and Relocation
Section 59.108. Emergency Opening and Relocation
Section 59.109. Termination of Rental; Lien; Sale of Contents