Terms used in this chapter, unless the context otherwise plainly requires, shall mean:
- (1) "Lessee," a person contracting with the lessor for the use of a safe deposit box;
- (2) "Lessor," a bank or branch bank which engages in the business of renting safe deposit facilities;
- (3) "Safe deposit box," a box, vault, or other receptacle maintained by a lessor in its vault and the purpose of which is to secure the property of a lessee.
Source: SL 1969, ch 11 , § 9.1; SDCL, § 51-23-1.