Ind. Code § 5-28-29-23

Current through P.L. 171-2024

Section 5-28-29-23 - Creation of reserve fund accounts

Upon execution of an agreement between the lender and the corporation, the corporation shall establish a reserve fund account with the lender in the name of the corporation for the purpose of receiving all required premium charges to be paid by the lender and the borrower and transfers made by the corporation under this chapter.

IC 5-28-29-23

As added by P.L. 162-2007, SEC.24.