Section 286.2-100 - Definitions for KRS 286.2-100 to 286.2-680As used in KRS 286.2-100 to 286.2-680, unless the context requires otherwise:
(1) "Financial institution" means a state or national bank, bank holding company, trust company, savings and loan association, savings and loan association holding company, credit union, or wholly owned subsidiary thereof;(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:6/25/2009
Amended 2009, Ky. Acts ch. 104, sec. 23, effective6/25/2009. -- Created 2001, Ky. Acts ch. 141, sec. 1, effective 6/21/2001.