§ 23-14-52-1 Application and exceptions to conditions
§ 23-14-52-2 Liability and duties of purchaser

Terms Used In Indiana Code > Title 23 > Article 14 > Chapter 52 - Conditions Applying to the Sale of a Cemetery

  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Trust account: A general term that covers all types of accounts in a trust department, such as estates, guardianships, and agencies. Source: OCC