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If one co-owner of a safe deposit box wants to drill the box with a court order, can we allow that? – IBA Compliance Connection

IBA Compliance Connection

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If one co-owner of a safe deposit box wants to drill the box with a court order, can we allow that?

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Under the lease agreement, it may be possible for one co-lessee to access the safety deposit box without the permission of the other co-lessee. If the guardian has all the powers of the individual (as determined by court order), he or she may have the power to access the box.