Article 860.7 — Escrou account contract

1. Under the escrow account contract, a bank (escru agent) shall open an escroux special account to record and freeze funds received from the account holder (depositor) for the purpose of transferring them to another person, or The rights to the money in the escro account shall be held by the depositor until the date the grounds for the transaction arise. The administration of the funds held in the eskrou account shall be in accordance with the procedure laid down in this parag. 2. Obligations under the eskrou account contract may be contained, together with the escrow account contract, in another contract under which the escro-agent is a bank. 4. The general provisions on the bank account and the escroo contract apply to the relations of the parties. 47.1) unless otherwise provided for in this article and articles 8608 to 860.10 of this Code or derived from the substance of the relations of the parties.