Current through the 2024 Fourth Special Session
Section 31A-23a-406.5 - Conduct of escrow(1) Only an escrow agent or a title insurer in compliance with Subsection 31A-4-107(1)(a) and Section 31A-14-211 shall conduct escrow.(2) Subsection (1) does not limit or expand the authority granted to: (a) a person defined as an escrow agent in Section 7-22-101;(b) a person licensed to practice law in Utah, if that person meets the requirements of Section 31A-23a-204;(c) a person licensed under Title 61, Chapter 2f, Real Estate Licensing and Practices Act; or(d) a person licensed under Title 58, Chapter 55, Utah Construction Trades Licensing Act.Utah Code § 31A-23a-406.5
Added by Chapter 319, 2013 General Session ,§ 31, eff. 5/14/2013.