Indiana Code § 27-9-3.1-4

"Contractual right"
Open in Lexace · Ask the AI about this section
Sec. 4. As used in this chapter, "contractual right" includes the following: (1) A right set forth in a rule, bylaw, or resolution of the governing board of any of the following: (A) A derivatives clearing organization (as defined in the federal Commodity Exchange Act (7 U.S.C. 1 et seq.)). (B) A multilateral clearing organization (as defined in the Federal Deposit Insurance Corporation Improvement Act (12 U.S.C. 1821)). (C) A national securities exchange, national securities association, or securities clearing agency. (D) A contract market designated under the federal Commodity Exchange Act (7 U.S.C. 1 et seq.). (E) A derivatives transaction execution facility registered under the federal Commodity Exchange Act (7 U.S.C. 1 et seq.). (F) A board of trade (as defined in the federal Commodity Exchange Act (7 U.S.C. 1 et seq.)). (2) A right, regardless of whether evidenced in writing, arising: (A) under statutory or common law; (B) under the law merchant; or (C) by reason of normal business practice.

‹ Prev All Indiana sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.