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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) Only an escrow agent or a title insurer in compliance with Subsection 31A-4-107(1)(a) and Section 31A-14-211 shall conduct escrow.
(2) Subsection (1) does not limit or expand the authority granted to:
(a) a person defined as an escrow agent in Section 7-22-101;
(b) a person licensed to practice law in Utah, if that person meets the requirements of Section 31A-23a-204;
(c) a person licensed under Title 61, Chapter 2f, Real Estate Licensing and Practices Act; or
(d) a person licensed under Title 58, Chapter 55, Utah Construction Trades Licensing Act.
Cite this article: FindLaw.com - Utah Code Title 31A. Insurance Code § 31A-23a-406.5. Conduct of escrow - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-31a-insurance-code/ut-code-sect-31a-23a-406-5/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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