2020 Indiana Code
Title 35. Criminal Law and Procedure
Article 43. Offenses Against Property
Chapter 9. Conversion or Misappropriation of Title Insurance Escrow Funds
35-43-9-7. Violations
Sec. 7. (a) An officer, a director, or an employee of a title insurer, an individual associated with the title insurer as an independent contractor, or a title insurance agent who knowingly or intentionally:
(1) converts or misappropriates money received or held in a title insurance escrow account; or
(2) receives or conspires to receive money described in subdivision (1);
commits a Level 6 felony, except as provided in subsection (b).
(b) The offense is:
(1) a Level 5 felony if the amount of money:
(A) converted, misappropriated, or received; or
(B) for which there is a conspiracy;
is more than ten thousand dollars ($10,000) but less than one hundred thousand dollars ($100,000); and
(2) a Level 4 felony if the amount of money:
(A) converted, misappropriated, or received; or
(B) for which there is a conspiracy;
is at least one hundred thousand dollars ($100,000).
As added by P.L.300-1995, SEC.2. Amended by P.L.158-2013, SEC.493.
