- Alaska Statutes.
- Title 34. Property
- Chapter 80. Escrow Transactions For Residential Real Property
- Section 20. Segregation and Deposit of Escrow Money.
previous: Section 10
. Characterization of Escrow Money.
next: Section 30
. Interest On Escrow Money.
AS 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, including the escrow money of other escrow transactions. Escrow money from more than one escrow
transaction may be deposited into a single depository escrow account.
- (b) A settlement agent shall deposit escrow money in a depository escrow account of a financial institution located in
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