The provisions of ORS § 696.505 to 696.590 apply to those escrow activities of a title insurance company, or an insurance producer of a title insurance company which prepares abstracts or makes searches of title which are used as a basis for the insurance of titles by a title insurance company. [1971 c.398 § 3; 1977 c.351 § 7; 2003 c.364 § 55]

Ask a business law question, get an answer ASAP!
Thousands of highly rated, verified business lawyers.
Click here to chat with a lawyer about your rights.

Terms Used In Oregon Statutes 696.523

  • Escrow: Money given to a third party to be held for payment until certain conditions are met.