Registration with commission required to act as escrow agent — injunction ordered for unlawfully engaging in escrow activities
Effective Aug 28, 1993(L. 1993 S.B. 18)
Viewing an earlier version · effective Aug 28, 1993
- 1. It is unlawful for any person, partnership, association or corporation, foreign or domestic, to act as an escrow agent, or to advertise or attempt to act as such without being properly registered with the commission.
- 2. Upon application by the commission and upon proof by a preponderance of the evidence, a court of general jurisdiction may grant an injunction, restraining order or other order as may be appropriate to enjoin a person from unlawfully engaging or attempting to engage in the activities identified in sections 339.600 to 339.610.
(L. 1993 S.B. 18)