As used in this part, unless the context otherwise requires:(1) 'Agent' means any person duly authorized in writing by a lessee to enter a safe deposit box rented by the lessee, whether the person be denominated as 'agent,' 'deputy,' 'attorney-in-fact,' or otherwise. The agent's authority shall be established and shall continue until revoked, both in accordance with § 45-2-707;(2) 'Fiduciary' means trustee, agent, executor, administrator, committee, guardian or conservator for a minor or other incompetent person, receiver, trustee in bankruptcy, assignee for creditors or any holders of a similar position of trust;(3) 'Lessee' means a person contracting with a lessor for the use of a safe deposit box;(4) 'Lessor' means a bank or subsidiary corporation of a bank renting safe deposit facilities, and includes a safe deposit company organized and operating under the jurisdiction of the department solely for the purpose of leasing safe deposit facilities; and(5) 'Safe deposit box' means a safe deposit box, vault, or other safe deposit receptacle maintained by a lessor and the rules relating thereto apply to property or documents kept in safekeeping in the bank's vault.Acts 1969, ch. a safe deposit box, vault, or other safe deposit receptacle maintained by a lessor and the rules relating thereto apply to property or documents kept in safekeeping in the bank's vault.Acts 1969, ch. 36, § 1 (3.220); T.C.A., § 45-415; Acts 1984, ch. 624, § 1; 1988, ch. 926, § 5.
Tennessee Legal Code