Sec. 8. A closing agent may not make disbursements from an escrow account in connection with a real estate transaction unless any funds that: (1) are received from any single party to the real estate transaction; and (2) in the aggregate are less than ten thousand dollars ($10,000); are good funds.
‹ Prev All Indiana sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.