TITLE XXXV
BANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS

CHAPTER 393
BUILDING AND LOAN ASSOCIATIONS

Insurance of Accounts, Act as Agent

Section 393:59

    393:59 Escrow Powers. – Any cooperative bank or building and loan association or savings and loan association may hold in escrow any written instrument, money, evidence of title to real or personal property, or any other thing of value which may come into its possession in the course of its business.

Source. 1967, 119:1, eff. July 18, 1967.