N.Y. BNK Law § 317
This is the official text of N.Y. BNK Law § 317, part of New York’s BNK Law — part of the compiled statutory law of New York, published by the state as "BNK Law." Browse the sections below, each linked to its official government source.
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General powers
Official statutory text
§ 317. General powers. Every safe deposit company shall, subject to\nthe limitations and restrictions contained in this article, have the\npower:\n 1. To receive upon deposit as bailee for storage, upon terms and\nconditions to be prescribed by the safe deposit company, personal\nproperty and papers of any kind.\n 2. To engage in the safe deposit business by renting vaults, safe\ndeposit boxes and other receptacles upon premises occupied by the safe\ndeposit company upon such terms and conditions as may be prescribed by\nthe safe deposit company.\n
Status: in_force · Read it on the official government site
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