TITLE 30

CORPORATIONS

CHAPTER 9

IDAHO ESCROW ACT

30-903.  License required. (1) It shall be unlawful for any person to directly or indirectly engage in or carry on, or purport to engage in or carry on, the business of, or act in the capacity of, an escrow agency in or from Idaho without first obtaining a license under this chapter.

(2)  The requirements of this chapter shall also apply to any escrow transaction effecting the sale, transfer, encumbrance or lease to another person of any real or personal property located in Idaho.

History:

[30-903, added 2005, ch. 236, sec. 2, p. 718.]