Indiana Code 4-13.6-1-7. “Escrowed income”
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Indiana Code 4-13.6-1-7
- Escrow: Money given to a third party to be held for payment until certain conditions are met.
- Property: includes personal and real property. See Indiana Code 1-1-4-5
Sec. 7. “Escrowed income” means the value of all property held in an escrow account over the escrowed principal in the account.
As added by P.L.24-1985, SEC.7.