Current through P.L. 171-2024
Section 30-2-13-39 - Prohibited relationships between sellers and trustees or escrow agents(a) This section does not apply to a trust funded by the method described in section 11(c) of this chapter.(b) A seller may not be an affiliate, a parent, or a subsidiary organization of the trustee or escrow agent, acting as a fiduciary, of a trust or escrow account established after June 30, 2008, to hold consideration paid for services or merchandise subject to a contract entered into under this chapter by the seller and a purchaser.As added by P.L. 61-2008, SEC.11.