BILL · 2003–04 SESSION

SB 5940: Escrow agents

Conducting the business of an escrow agent.

Summary

  • The title insurance exemption is removed from Department of Financial Institutions escrow statutes. Required activities and prohibited practices of title insurance agents conducting escrow transactions are eliminated from Office of the Insurance Commissioner statutes.

From the Senate Bill Report (SB 5940), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · stalled on the Senate floor
  1. IntroducedFeb 21, 2003
  2. Out of committeeFeb 28, 2003
  3. Passed Senatestopped here
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Don Benton (R-17)
Introduced
February 21, 2003 in the Senate
Last action
January 12, 2004
Budget
Has a fiscal note

AN ACT Relating to conducting the business of an escrow agent;

Sponsors

Prime sponsor: Don Benton (R-17)

2 co-sponsors (2 Democrats, 0 Republicans)

Votes

No recorded floor votes.

History

  1. By resolution, reintroduced and retained in present status.
  2. By resolution, reintroduced and retained in present status.
  3. By resolution, reintroduced and retained in present status.
  4. Senate Rules "X" file.
  5. Referred to Rules.
  6. Placed on second reading by Rules Committee.
  7. FSIH - Majority; do pass.
  8. Passed to Rules Committee for second reading.
  9. First reading, referred to Financial Services, Insurance & Housing.

SB 5940 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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