Our bank has been presented with a new safe deposit box rental request to include a father and his 9 year-old daughter as signers on the agreement. I know this is a matter that would be covered by state law, but I haven't found anything under the KRS that specifically addresses this type of situation. However, I did locate the following thread where John addressed the same question posed in the Massachusetts forum.

http://www.bankersonline.com/forum/ubbthreads.php?ubb=showflat&Number=1361693

My opinion is that the same answer John gave would be applicable under Ky. state law, since the signature of someone under age 18 would not be recognized as a binding contract. However, my research led me to a discovery that Ohio, for example, treats this issue much differently, so I wanted to make sure I hadn't overlooked anything.

Kentucky law creates an exception for minors and their capacity to contract on a deposit account, not for a safe deposit box lease. You simply would have no contract with the child.

It would be a foolish thing to agree to...

Ken, what is the exception for minors and their capacity to contract on a deposit account? We have long standing customers that want to open joint account with 16 or 17 year old? Thanks