MD HB1608 | 2018 | Regular Session
Status
Spectrum: Bipartisan Bill
Status: Introduced on February 9 2018 - 25% progression, died in chamber
Action: 2018-03-12 - Unfavorable Report by Environment and Transportation
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 9 2018 - 25% progression, died in chamber
Action: 2018-03-12 - Unfavorable Report by Environment and Transportation
Text: Latest bill text (Introduced) [PDF]
Summary
Requiring an escrow agent to deposit trust money into an escrow trust account within a certain period of time; requiring that an escrow trust account be kept only for trust money and be kept separately from an escrow agent's other accounts; prohibiting an escrow agent from using trust money for any purpose other than that for which it is entrusted to the escrow agent; requiring that an escrow trust account be maintained at a financial institution insured by a certain entity; etc.
Title
Real Property - Trust Money - Escrow Trust Accounts
Sponsors
| Del. Matt Morgan [R] | Del. Marvin Holmes [D] | Del. Jerry Clark [R] | Del. Barbara Frush [D] |
| Del. Deb Rey [R] | Del. C.T. Wilson [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2018-03-12 | House | Unfavorable Report by Environment and Transportation |
| 2018-03-06 | House | Hearing 3/06 at 1:00 p.m. |
| 2018-02-09 | House | First Reading Environment and Transportation |
Subjects
Agents and Brokers
Attorney General
Beneficiaries
Contracts
Electronic Communication
Escrow Accounts
Estates and Trusts
Financial Institutions
Notices
Penalties and Sentences
Postal Service
Real Estate
Real Property
Records
Telecommunications and Information Technology
Time
Attorney General
Beneficiaries
Contracts
Electronic Communication
Escrow Accounts
Estates and Trusts
Financial Institutions
Notices
Penalties and Sentences
Postal Service
Real Estate
Real Property
Records
Telecommunications and Information Technology
Time
