Bill Text: AZ SB1183 | 2019 | Fifty-fourth Legislature 1st Regular | Introduced

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Bill Title: Technical correction; safe deposit; tenancy

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2019-01-29 - Senate read second time [SB1183 Detail]

Download: Arizona-2019-SB1183-Introduced.html

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REFERENCE TITLE: technical correction; safe deposit; tenancy

 

 

 

 

State of Arizona

Senate

Fifty-fourth Legislature

First Regular Session

2019

 

 

SB 1183

 

Introduced by

Senator Borrelli

 

 

AN ACT

 

amending section 6-1004, arizona revised statutes; relating to safe deposit repositories.

 

 

(TEXT OF BILL BEGINS ON NEXT PAGE)

 

Be it enacted by the Legislature of the State of Arizona:

Section 1.  Section 6-1004, Arizona Revised Statutes, is amended to read:

START_STATUTE6-1004.  Tenancy in two or more names

A tenancy in a safe deposit repository may be created by contract with two or more persons, including minors, named as lessees.  The terms of the contract may provide that any one or more of the lessees,  or the survivor or survivors of the lessees shall have access and entry to the repository and the right to remove the contents from the repository whether the other lessee or lessees be are living, incompetent or dead, and the lessor shall not be liable for the removal of any contents. END_STATUTE