Sec. 3.1. The treasurer of state may charge a reasonable fee for services that the treasurer renders in connection with the establishment and administration of escrow accounts. If the treasurer charges such fee, the treasurer shall prepare a fee schedule and make it available to the contractor. Any fee must be paid by the contractor at the time the escrow account is established.
As added by P.L.69-1987, SEC.1.
Structure Indiana Code
Title 5. State and Local Administration
Chapter 5.5. Retainage, Bonds, and Payment of Contractors and Subcontractors
5-16-5.5-0.1. Application of Certain Amendments to Chapter
5-16-5.5-2. Contracts Governed by This Chapter
5-16-5.5-3. Retainage; Escrow Agreement
5-16-5.5-3.1. Escrow Accounts; Establishment and Maintenance; Fee; Schedule
5-16-5.5-3.5. Retainage; Options to Determine Amount
5-16-5.5-5. Payment of Subcontractor; Certification of Receipt
5-16-5.5-6. Payment of Contractor; Uncompleted Minor Items