New Jersey Statutes
§ 45:15-12.7 — Agent, custodian may not use interest on escrow funds
New Jersey § 45:15-12.7
JurisdictionNew Jersey
Title 45PROFESSIONS AND OCCUPATIONS
This text of New Jersey § 45:15-12.7 (Agent, custodian may not use interest on escrow funds) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.J. Stat. Ann. § 45:15-12.7 (2026).
Text
44.A real estate broker acting in the capacity of an escrow agent or as the temporary custodian of the funds of others in any real estate transaction shall not receive, obtain or use any interest earned on the funds for the broker's own personal or business use. L.1993,c.51,s.44.
Free access — add to your briefcase to read the full text and ask questions with AI
Nearby Sections
15
§ 45:15-1
License required.§ 45:15-1.1
Role of housing referral aide§ 45:15-1.2
License required for acceptance of compensation for providing assistance in locating rental housing§ 45:15-10.10
Real estate school, instructor license§ 45:15-10.12
Restrictions on persons with revoked license§ 45:15-10.13
Revocation of license of school; exceptions§ 45:15-10.14
Power, authority of commission§ 45:15-10.2
Waiver of educational requirements for licensure§ 45:15-10.3
Bureau of Real Estate Education§ 45:15-10.4
Licensure of real estate school§ 45:15-10.5
Licensure as real estate instructor§ 45:15-10.8
Director of real estate school§ 45:15-10.9
Director of public adult education programCite This Page — Counsel Stack
Bluebook (online)
New Jersey § 45:15-12.7, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/45/45%3A15-12.7.