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<section article="gfi" article_name="Financial Institutions" number="12-602" title_number="12" title_name="Miscellaneous Institutions and Activities" subtitle_number="6" subtitle_name="Safe-Deposit Companies">
  <level label="a">
    <text>In this section, “fiduciary” includes the fiduciary’s successor.</text>
  </level>
  <level label="b">
    <text>Except as provided in subsection (c) of this section, if a safe-deposit company rents a safe-deposit box to a fiduciary, the safe-deposit company may not permit access to the safe-deposit box:</text>
    <level label="1">
      <text>By any person other than the fiduciary; and</text>
    </level>
    <level label="2">
      <text>If the safe-deposit box is rented to two or more fiduciaries, by less than all of the fiduciaries in person.</text>
    </level>
  </level>
  <level label="c">
    <text>The safe-deposit company may permit access to the safe-deposit box by:</text>
    <level label="1">
      <text>Any individual authorized by all of the fiduciaries, in accordance with a rental agreement, written power of attorney, or other written authority signed by each fiduciary and filed with the safe-deposit company; and</text>
    </level>
    <level label="2">
      <text>Less than all of the fiduciaries, in accordance with a rental agreement, written power of attorney, or other written authority signed by the remaining fiduciaries and filed with the safe-deposit company.</text>
    </level>
  </level>
</section>
