GroundRules
AS 34.80.010: Characterization of escrow money.
Where this section sits in the code
- Title 34. Property.
- Chapter 80. Escrow Transactions for Residential Real Property.
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.
Collected 2026-09-02T06:18:42Z. Source file · JSON