· CO legislature · 2025A

Updating Escrow Disbursement Practices

The act modifies the types of funds that are available for immediate withdrawal as a matter of right in real estate transactions by: Limiting wire transfer funds to only those funds that are wired through a funds-transfer system operated by the federal reserve or the Clearing House Payments Company; and Adding a r…

Sponsor

Andy Boesenecker (D-CO)

Introduced

2025-03-26

Policy area

Finance and Financial Sector

Latest action

Introduced In Senate - Assigned to Finance