Except as otherwise provided in ORS 696.581, an escrow agent must use documents or other property deposited in escrow only in accordance with the dated written instructions of the principals to the escrow transactions or pursuant to court order.

Statutory/Other Authority

ORS 696.385 & 696.541

Statutes/Other Implemented

ORS 696.581

History

REA 10-2008, f. 12-15-08, cert. ef. 1-1-09
REA 5-2003, f. 12-24-03, cert. ef. 1-1-04
REA 1-1993, f. 12-1-93, cert. ef. 1-1-94
REA 5-1992, f. 8-4-92, cert. ef. 9-1-92
REC 2-1981, f. 10-30-81, ef. 11-1-81
REC 29, f. 12-9-70, ef. 1-10-71