Ind. Code § 27-7-3.7-2
"Escrow account"
Indiana · Indiana Code Title 27 — Insurance · Status: effective
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- Citation
- Ind. Code § 27-7-3.7-2, "Escrow account", Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1663509
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Full text
Sec. 2. As used in this chapter, "escrow account" means a checking account established by a closing agent with a:
(1) bank;
(2) savings and loan association;
(3) credit union; or
(4) savings bank;
that is chartered under the laws of a state or the United States and used exclusively for the deposit and disbursement of funds for an escrow transaction.