Tex. Fin. Code Section 59.106
Access by More than One Person


(a)

If a safe deposit box is leased in the name of two or more persons jointly or if a person other than the lessee is designated in the lease agreement as having a right of access to the box, each of those persons is entitled to have access to the box and to remove its contents in the absence of a contract to the contrary. This right of access and removal is not affected by the death or incapacity of another person who is a lessee or otherwise entitled to have access to the box.

(b)

A safe deposit company is not responsible for damage arising from access to a safe deposit box or removal of any of its contents by a person with a right of access to the box.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.

Source: Section 59.106 — Access by More than One Person, https://statutes.­capitol.­texas.­gov/Docs/FI/htm/FI.­59.­htm#59.­106 (accessed May 4, 2024).

Accessed:
May 4, 2024

§ 59.106’s source at texas​.gov