51A-11-1. Definition of terms.

Terms used in this chapter, unless the context otherwise plainly requires, shall mean:

(1)    "Lessee," a person contracting with the lessor for the use of a safe deposit box;

(2)    "Lessor," a bank or branch bank which engages in the business of renting safe deposit facilities;

(3)    "Safe deposit box," a box, vault, or other receptacle maintained by a lessor in its vault and the purpose of which is to secure the property of a lessee.

Source: SL 1969, ch 11, § 9.1; SDCL, § 51-23-1.