2006 Kentucky Revised Statutes - .100   Definitions for KRS 286.2-100 to 286.2-105.

286.2-100 Definitions for KRS 286.2-100 to 286.2-105. As used in KRS 286.100 to 286.105, unless the context requires otherwise: (1)  "Financial institution" means a state or national bank, trust company, savings and loan association, or credit union; (2)  "Interested person" means the surviving spouse of the lessee, an adult child of the lessee, a parent of the lessee, a person named as the personal representative in a copy of a purported will produced by such person, a person designated by the lessee in writing acceptable to the lessor that is filed with the lessor before death of the lessee, or a person named in a court order to examine the contents of a safe deposit box for a purpose listed in KRS 286.2-105(1); (3)  "Lessee" means a person who contracts with a lessor for the use of a safe deposit box; (4)  "Lessor" means a financial institution or safe deposit company that rents safe deposit facilities; and (5)  "Safe deposit box" means a safe deposit box, vault, or other safe deposit receptacle maintained by a lessor that may be used for the safekeeping and storage of property and documents. Effective: June 21, 2001 History: Created 2001 Ky. Acts ch. 141, sec. 1, effective June 21, 2001. Formerly codified as KRS 286.100. Legislative Research Commission Note (7/12/2006). In accordance with 2006 Ky. Acts ch. 247, secs. 38 and 39, this statute has been renumbered as a section of the Kentucky Financial Services Code, KRS Chapter 286, and KRS references within this statute have been adjusted to conform with the 2006 renumbering of that code.