Alaska Stat. § 34.80.010

Current through Chapter 26 of the Legislative Session (excluding Chapter 21)
Section 34.80.010 - Characterization of escrow money

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.

AS 34.80.010