Section 34.80.010. Characterization of escrow money.

Latest version.

The money that is received by a settlement agent for an escrow transaction is not the property of the settlement agent and is not subject to execution, attachment, or other form of collection for a claim against the settlement agent. Escrow money may not be used for a purpose other than to fulfill the terms of the escrow transaction agreement.

Notes

History

(Sec. 3 ch 30 SLA 1999)

                    
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