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Terms Used In Indiana Code 35-43-9-4

  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • 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
   Sec. 4. As used in this chapter, “title insurance agent” means a person who holds a limited lines producer’s license issued under IC 27-1-15.6-18(3) and disburses funds from a title insurance escrow account to a party in connection with a residential real property transaction.

As added by P.L.300-1995, SEC.2. Amended by P.L.132-2001, SEC.25; P.L.178-2003, SEC.97; P.L.276-2013, SEC.35.