TITLE 50: INSURANCE
CHAPTER V: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
PART 8100 TITLE INSURANCE ACT
SECTION 8100.1726 RECORDS TO BE PRESERVED


 

Section 8100.1726  Records to be Preserved

 

An independent escrowee shall preserve for at least three (3) years from the close of escrow:

 

a)         all bank statements of the "trust" or "escrow" account;

 

b)         all canceled checks drawn upon the "trust" or "escrow" account;

 

c)         copies of bank deposit slips with reference to the "trust" or "escrow" account;

 

d)         all additional records reflecting banking transactions with reference to the "trust" or "escrow" account, including copies of all receipts for funds transferred from interest-bearing accounts into the "trust" or "escrow" account;

 

e)         the Statement of Account;

 

f)         escrow instructions and amendments thereto; and

 

g)         all additional records pertinent to the escrow transaction.