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This entry was published on 2014-09-22
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SECTION 202-I
Safe deposit business of branches
Banking (BNK) CHAPTER 2, ARTICLE 5
§ 202-i. Safe deposit business of branches. Each such foreign banking
corporation which is authorized to maintain a branch or branches in this
state may (a) receive upon deposit for safe-keeping for hire upon terms
and conditions to be prescribed by such foreign banking corporation,
money, securities, papers of any kind and any other personal property,
and (b) engage in the safe deposit business by renting vaults, safe
deposit boxes or other receptacles upon premises of such branch or
branches, upon such terms and conditions as may be prescribed by such
foreign corporation.