Oregon Statutes - Chapter 696 - Real Estate and Escrow Activities - Section 696.579 - Funds exempt from execution or attachment; designation of funds.

(1) Escrow or trust funds are not subject to execution or attachment on any claim against the escrow agent.

(2) No person shall knowingly keep or cause to be kept any funds or money in any bank under the heading of “trust funds” or “escrow accounts” or any other name designating such funds or money as belonging to the clients of any escrow agency, except actual escrow or trust funds deposited with such agency. [Formerly 696.565]

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Last modified: August 7, 2008