Ok, we are multi-billion dollar bank with over 100 branches - with many of them joining the company through acquisitions. Each acquired bank had/has slightly different verbiage on their dafe deposit contracts - about lease termination, how the death of a joint renter affect deputy assignment, etc.

Has anyone had a situation and how was it resolved. All I can think to do is mail a contract addendum to all renters - outlining our current procedures - would that work, or is this a legal counsel question.....l

Safe deposit box laws are at the state level. If you have branches in multiple states you will want to know what is required for each state.

All of our locations are in Texas and Texas Probate Code does not seem (from my search) to address this exact issue. I'm guessing that many are like me - what the h e c k? was my response when this was dumped in my lap.

I think it would depend on the current wording in the contracts and if they provide of any type of change of terms. Definitely worth spending a little time with your attorney on this one.