Nevada Administrative Code
Chapter 645A - Escrow Agencies and Agents
STANDARDS OF PRACTICE
Section 645A.240 - Disposition of money deposited in escrow
Universal Citation: NV Admin Code 645A.240
Current through December 12, 2024
Except as otherwise provided in any written escrow instructions or an escrow agreement, each escrow agent or agency shall:
1. Hold all money deposited in escrow with the agent or agency in trust for the person on whose behalf the deposit is made; and
2. Upon the request of the person on whose behalf the deposit was made, return all money deposited in escrow with the agent or agency.
Added to NAC by Comm'r of Mortgage Lending by R086-04, eff. 8-25-2004-Substituted in revision for NAC 645A.020
NRS 645A.050
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