State Codes and Statutes

Statutes > Alaska > Title-34 > Chapter-34-80 > Sec-34-80-010

The money that is received by a settlement agent for an escrow transaction is not the property of the settlement agent and is not subject to execution, attachment, or other form of collection for a claim against the settlement agent. Escrow money may not be used for a purpose other than to fulfill the terms of the escrow transaction agreement.

State Codes and Statutes

Statutes > Alaska > Title-34 > Chapter-34-80 > Sec-34-80-010

The money that is received by a settlement agent for an escrow transaction is not the property of the settlement agent and is not subject to execution, attachment, or other form of collection for a claim against the settlement agent. Escrow money may not be used for a purpose other than to fulfill the terms of the escrow transaction agreement.