Indiana Code
Chapter 3.7. Escrow Transactions in Real Estate Transactions
27-7-3.7-8. Disbursements; Requirements for Funds Less Than $10,000 Received From Single Party

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

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