Sec. 2. As used in this chapter, "escrow account" means a checking account established by a closing agent with a: (1) bank; (2) savings and loan association; (3) credit union; or (4) savings bank; that is chartered under the laws of a state or the United States and used exclusively for the deposit and disbursement of funds for an escrow transaction. As added by P.L.92-2009, SEC.1.
"Escrow account"
Ind. Code § 27-7-3.7-2, under Escrow Transactions in Real Estate Transactions.
Ind. Code § 27-7-3.7-2