Federal and State Laws
Title 34 - Property
> Alaska Statutes Title 34, Chapter 34.80 - Escrow Transactions for Residential Real Property
Alaska Statutes Title 34, Chapter 34.80 - Escrow Transactions for Residential Real Property
Sec. 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...
Sec. 34.80.020 Segregation and Deposit of Escrow Money.
(a) A settlement agent shall segregate on the records of the settlement agent the escrow money from one escrow transaction from all other money,...
Sec. 34.80.030 Interest on Escrow Money.
Notwithstanding any other provision of law, interest may not be collected or paid by a settlement agent on money held for an escrow transaction...
Sec. 34.80.040 Disbursement of Escrow Money.
(a) A settlement agent may not disburse escrow money unless items that are at least equal in value to the proposed disbursements have been...
Sec. 34.80.050 Recording, Filing, or Delivery of Escrow Transaction Documents.
A settlement agent may not record in the office of the recorder in this state or record in an office in another state that...
Sec. 34.80.090 Definitions.
In this chapter,(1) "depository escrow account" means an account that holds escrow money pending completion of an escrow transaction and that is in a...
Sec. 34.80.095 Short Title.
This chapter may be cited as the Good Funds Act.
Last modified: November 15, 2016