Uniform Commercial Code Article 8: Federal regulation governing securities transactions and custody arrangements, relevant for escrow arrangements involving securities
E-SIGN Act: Federal law governing electronic signatures and records, essential for digital execution of escrow agreements
Federal Contract Law: Basic principles governing contract formation, enforcement, and interpretation at the federal level
Bank Secrecy Act: Federal law requiring financial institutions to assist government agencies in detecting and preventing money laundering, applicable if escrow agent is a financial institution
Anti-Money Laundering Regulations: Federal regulations designed to prevent conversion of illegal funds into legitimate assets, relevant for escrow transactions
State Escrow Regulations: State-specific laws governing escrow services, licensing requirements, and operational standards
State Contract Laws: State-specific regulations governing contract formation, enforcement, and remedies
State Licensing Requirements: Specific state requirements for licensing and operating as an escrow agent
State Electronic Transaction Laws: State-specific laws governing electronic transactions and digital signatures
SEC Regulations: Federal securities regulations that may apply to certain types of escrow arrangements involving securities
FinCEN Requirements: Financial Crimes Enforcement Network requirements for reporting and compliance in financial transactions
Consumer Protection Laws: Federal and state laws designed to protect consumer interests in financial transactions
Fiduciary Duty Principles: Legal principles governing the responsibilities and obligations of the escrow agent as a fiduciary
Agency Law: Legal principles governing the relationship between principal and agent in escrow arrangements
Statute of Frauds: Legal doctrine requiring certain types of contracts to be in writing to be enforceable
