# Ind. Code § 27-7-3.7-6: Funds received in escrow transaction to be deposited in escrow account; exception

> Indiana · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A7_C3.7_S27-7-3.7-6

## Section

- **Citation:** Ind. Code § 27-7-3.7-6
- **Heading:** Funds received in escrow transaction to be deposited in escrow account; exception
- **Jurisdiction:** Indiana
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Indiana Code / Title 27 / Article 7 / Chapter 3.7 / Section 27-7-3.7-6

## Text

Sec. 6. Funds received in connection with an escrow transaction must be deposited in an escrow account unless the parties to the escrow transaction agree in writing to another arrangement.

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

## Nearby sections

- [Ind. Code § 27-7-3.7-1 "Closing agent"](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A7_C3.7_S27-7-3.7-1.md)
- [Ind. Code § 27-7-3.7-2 "Escrow account"](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A7_C3.7_S27-7-3.7-2.md)
- [Ind. Code § 27-7-3.7-3 "Escrow transaction"](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A7_C3.7_S27-7-3.7-3.md)
- [Ind. Code § 27-7-3.7-4 "Good funds"](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A7_C3.7_S27-7-3.7-4.md)
- [Ind. Code § 27-7-3.7-5 "Real estate transaction"](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A7_C3.7_S27-7-3.7-5.md)
- [Ind. Code § 27-7-3.7-6 Funds received in escrow transaction to be deposited in escrow account; exception](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A7_C3.7_S27-7-3.7-6.md)
- [Ind. Code § 27-7-3.7-7 Disbursements; requirements for funds of at least $10,000 received from single party](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A7_C3.7_S27-7-3.7-7.md)
- [Ind. Code § 27-7-3.7-8 Disbursements; requirements for funds less than $10,000 received from single party](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A7_C3.7_S27-7-3.7-8.md)
- [Ind. Code § 27-7-3.7-9 Mortgage holder's right to receive proceeds from real estate transaction through funds electronically transferred to specified account](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A7_C3.7_S27-7-3.7-9.md)
- [Ind. Code § 27-7-3.7-10 Advance of fees from escrow account to pay incidental fees](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A7_C3.7_S27-7-3.7-10.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A7_C3.7_S27-7-3.7-6. Check the current official text before relying on it. Not legal advice.