Ind. Code § 27-7-3.7-8
Disbursements; requirements for funds less than $10,000 received from single party
Indiana · Indiana Code Title 27 — Insurance · Status: effective
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- Citation
- Ind. Code § 27-7-3.7-8, Disbursements; requirements for funds less than $10,000 received from single party, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1663515
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Full text
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.