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Powers & Duties of Notary

A bank waits at least 30 days after proper notice to open an unpaid safe deposit box lease. What must the notary then do?

A

File with the lessor a certificate under seal stating the opening date, the lessee’s name, and a list of the contents

B

File the entire contents immediately with the county clerk

C

Transmit the property to the Secretary of State for safekeeping

D

Record the opening as though it were a deed acknowledgment

Correct Answer

A. File with the lessor a certificate under seal stating the opening date, the lessee’s name, and a list of the contents

AI Explanation

Safe-deposit-box procedure is a distinct statutory duty. Banking Law §335 requires the notary to file with the lessor a certificate under seal stating the date of opening, the name of the lessee, and a list of contents. For contrast, the mailing of a copy to the lessee within 10 days is a further step after the certificate is made.

Powers & Duties of Notary Question #414
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