50 Ill. Adm. Code 8100.1726

Records to be Preserved

Year: 2026Length: 112 wordsOfficial source
Section 8100 Section 8100.1726  Records to be Preserved An independent escrowee shall preserve for at least three (3) years from the close of escrow: a)         all bank statements of the "trust" or "escrow" account; b)         all canceled checks drawn upon the "trust" or "escrow" account; c)         copies of bank deposit slips with reference to the "trust" or "escrow" account; d)         all additional records reflecting banking transactions with reference to the "trust" or "escrow" account, including copies of all receipts for funds transferred from interest-bearing accounts into the "trust" or "escrow" account; e)         the Statement of Account; f)         escrow instructions and amendments thereto; and g)         all additional records pertinent to the escrow transaction.
50 Ill. Adm. Code 8100.1726: Records to be Preserved | Justis AI