Indiana Code > Title 35 > Article 43 > Chapter 9 – Conversion or Misappropriation of Title Insurance Escrow Funds
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Indiana Code > Title 35 > Article 43 > Chapter 9 - Conversion or Misappropriation of Title Insurance Escrow Funds
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Escrow: Money given to a third party to be held for payment until certain conditions are met.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- party: means an individual who is:
Indiana Code 35-43-9-1
- person: means an individual, a corporation, a limited liability company, a partnership, a firm, an association, or another organization. See Indiana Code 35-43-9-2