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Home » US Law » 2022 Missouri Revised Statutes » Title XXIV - Business and Financial Institutions » Chapter 381 - Title Insurance Law » CONSTRUCTION ESCROW AGREEMENTS » Section 381.403 – Title insurance companies and agents may enter into construction escrow agreements and issue insured closing letters.

Effective – 28 Aug 1993

381.403. Title insurance companies and agents may enter into construction escrow agreements and issue insured closing letters. — Licensees may:

(1) Enter into construction escrow agreements as part of their services as title insurance companies or title insurance agencies;

(2) Issue insured closing letters, if the licensee is a title insurance company.

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(L. 1993 S.B. 18 § 381.143 subsec. 2)