Indiana § 27-7-3.7-1 "Closing agent"

Indiana Statutes

§ 27-7-3.7-1 — "Closing agent"

Indiana § 27-7-3.7-1

Title 27INSURANCE

Art. 7SPECIAL TYPES OF INSURANCE

Ch. 3.7Escrow Transactions in Real Estate Transactions

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Bluebook

Ind. Code § 27-7-3.7-1 (2026).

Text

(a)As used in this chapter, "closing agent" means a person that:

(1)closes an escrow transaction in connection with the purchase, sale, or financing of an interest in real estate; and

(2)is required to be licensed as an insurance producer under IC 27-1-15.6.

(b)The term does not include a lender or an employee of a lender that conducts a settlement or closing of a real estate secured loan provided by the lender in the office of the lender.

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(a) As used in this chapter, "closing agent"
means a person that:
(1) closes an escrow transaction in connection with the purchase,
sale, or financing of an interest in real estate; and
(2) is required to be licensed as an insurance producer under IC 27-1-15.6.
(b) The term does not include a lender or an employee of a lender
that conducts a settlement or closing of a real estate secured loan
provided by the lender in the office of the lender.