OAR 863-050-0066

OAR 863-050-0066. Deposits

Last amended: 2009Length: 69 wordsOfficial source
An escrow agent must deposit all checks or cash received in escrow into the agent’s escrow trust account established under ORS 696.578 no later than the close of business of the banking day the day after the agent receives the checks or cash. This requirement does not apply to checks received from a lender who requires that the checks not be deposited until an escrow is ready to close.
OAR 863-050-0066: OAR 863-050-0066. Deposits | Justis AI