"Escrow account"

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Indiana Code › Title 27 › Article 7 › Chapter 3.7 › Section 27-7-3.7-2

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

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.

As added by P.L.92-2009, SEC.1.

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