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AZ SB1183
Bill
Status
Introduced
1/28/2019
Primary Sponsor
Sonny Borrelli
Click for details
AI Summary
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Amends Arizona Revised Statutes section 6-1004 regarding tenancy in safe deposit repositories.
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Allows safe deposit contracts to name two or more persons, including minors, as joint lessees.
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Permits any lessee or surviving lessee(s) to access the repository and remove contents regardless of whether other lessees are living, incompetent, or deceased.
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Protects the lessor (safe deposit provider) from liability for removal of contents by authorized lessees.
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Makes technical correction by replacing archaic language "be" with modern usage "are" in statutory text.
Legislative Description
Technical correction; safe deposit; tenancy
Technical Correction
Last Action
Senate read second time
1/29/2019
Full Bill Text
No bill text available