Escrow accounts; establishment and maintenance; fee;

Ind. Code § 5-16-5.5-3.1, under Chapter 5.5. Retainage, Bonds, and Payment of Contractors and Subcontractors.

Ind. Code § 5-16-5.5-3.1

schedule 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.