Requiring an escrow agent to deposit trust money into an escrow trust account within a certain period of time; requiring that an escrow trust account be kept only for trust money and be kept separately from an escrow agent's other accounts; prohibiting an escrow agent from using trust money for any purpose other than that for which it is entrusted to the escrow agent; requiring that an escrow trust account be maintained at a financial institution insured by a certain entity; etc.
Bill File Type: Regular
Effective Date(s): October 1, 2018
( 10-801, 10-801 through 10-806 )
Last Updated: 2/3/2020 2:33 PM