New York Banking Law Section 332 - Definitions.

332. Definitions. As used in this article, the following terms have the following meanings:

1. Lessor. The term, "lessor" means a banking organization, foreign banking corporation or a national banking association authorized to engage in the safe deposit business.

2. Safe deposit box. The term, "safe deposit box" means a vault, safe deposit box or other receptacle.


Last modified: February 3, 2019