![]() (d) A statement that the value of the entire estate of the decedent, wherever located, excluding all liens and encumbrances thereon, does not exceed Fifty Thousand Dollars ($50,000.00) and (c) A statement that no application or petition for the appointment of a personal representative has been granted or is pending in any jurisdiction (b) The county in which the lessee was domiciled at the time of the lessee’s death ![]() (a) The name of the person leasing the safe-deposit box and the date of the lessee’s death An affidavit required by subsection (3)(c) of this section must contain the following information: ![]() (c) The right to cancel the lease for the safe-deposit box after all contents of the safe-deposit box have been removed. (b) The right to remove the contents of the safe-deposit box, subject to the requirements and limitations of this section. (iii) The third person who witnessed the inventory of the contents.Ī copy of the inventory may be retained by the financial institution as a business record. (i) The person granted access to the safe-deposit box (a) The right to open the safe-deposit box in the presence of an employee of the financial institution along with one (1) other person who is either an officer of the financial institution or an attorney with an active bar license, after which an inventory of the contents of the safe-deposit box must be prepared by the person granted access and signed by: After presenting the financial institution with the items required by subsection (3) of this section, and within a reasonable time that allows the financial institution to comply, a person entitled to access to a safe-deposit box under subsection (2) of this section may exercise the following rights: (c) An affidavit meeting the requirements of subsection (5) of this section. (b) Reasonable proof of the identity of the person seeking access and (a) Reasonable proof of the lessee’s death A person seeking access to the safe-deposit box must provide the financial institution with the following: (b) A successor of the deceased safe-deposit box lessee, without necessity of administration, if an estate has not been opened. (a) The personal representative named in the lessee’s will if an estate has not been opened. At any time after one hundred eighty (180) days from the death of a sole lessee or the last surviving co-lessee of a safe-deposit box, a financial institution shall grant access in the following order of priority to a safe-deposit box that was leased by the lessee at the time of the lessee’s death: (2) Persons entitled to access in absence of probate or administration. (c) “Successor” means the decedent’s spouse or if there is no surviving spouse of the decedent, then any adult child of the decedent or if there is no surviving spouse or adult child of the decedent, then either parent of the decedent or, if there is no surviving spouse, adult child or parent of the decedent, then any adult sibling of the decedent. (b) “Safe-deposit box” means a storage container maintained in the vault area of a financial institution leased to a financial institution customer for the safekeeping of personal property that can be accessed with keys, pin numbers or some other security device. (a) “Financial institution” means any banking corporation, national bank, savings and loan association, credit union or postal savings bank operating in this state. ![]() ![]() For purposes of this section, the following terms shall have the following meanings:
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