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.