Oregon Administrative Rules
Chapter 863 - REAL ESTATE AGENCY
Division 49 - ESCROW AGENT LICENSING
Section 863-049-0005 - Definitions

Universal Citation: OR Admin Rules 863-049-0005

Current through Register Vol. 63, No. 9, September 1, 2024

As used in this division, unless the context requires otherwise:

(1) "Agency" means the Oregon Real Estate Agency.

(2) "Bank" is defined in ORS 706.008.

(3) "Commissioner" means Oregon Real Estate Commissioner.

(4) "Escrow" is defined in ORS 696.505.

(5) "Escrow agent" is defined in ORS 696.505.

(6) "Escrow operations" means any activity that is subject to regulation under ORS 696.505 to 696.590.

(7) "Escrow trust account" is defined in section 1, chapter 174, Oregon Laws 2009.

(8) "Trust funds" is defined in section 1, chapter 174, Oregon Laws 2009.

Stat. Auth.: ORS 696.541

Stats. Implemented: ORS 696.505 & 696.511

Disclaimer: These regulations may not be the most recent version. Oregon may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.