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.
Mo. Rev. Stat. § 381.403
Title insurance companies and agents may enter into construction escrow..
Known as the Missouri Title Insurance Act
The act spans §§ 381–381 (34 sections).
Effective: 28 Aug 1993; (L. 1993 S.B. 18 § 381.143 subsec. 2)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.