Bill

Bill > HB4386


OK HB4386

OK HB4386
Escrow accounts; Oklahoma Escrow Account Management Act of 2026; effective date.


summary

Introduced
02/02/2026
In Committee
02/03/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

An Act relating to escrow accounts; enacting the Oklahoma Escrow Account Management Act of 2026; providing for noncodification; and providing an effective date.

AI Summary

This bill enacts the "Oklahoma Escrow Account Management Act of 2026," which will establish new regulations for escrow accounts in Oklahoma, though these specific provisions will not be incorporated into the permanent Oklahoma Statutes. An escrow account is a temporary holding place for funds or documents that are part of a transaction, with a neutral third party managing them until certain conditions are met. The bill specifies that this new act will take effect on November 1, 2026.

Sponsors (1)

Last Action

Second Reading referred to Rules (on 02/03/2026)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...