{"data":{"id":"us-in/ic-27-9-3.1-3","jurisdiction":"us-in","citation":"IC 27-9-3.1-3","heading":"\"Commodity contract\"","body":"Sec. 3. As used in this chapter, \"commodity contract\" means any of the following:\n(1) A contract for the purchase or sale of a commodity:\n(A) for future delivery on; or\n(B) subject to the rules of;\na board of trade or contract market under the federal Commodity Exchange Act (7 U.S.C. 1 et seq.) or a board of trade outside the United States.\n(2) An agreement that is:\n(A) subject to regulation under Section 19 of the federal Commodity Exchange Act (7 U.S.C. 1 et seq.); and\n(B) commonly known to the commodities trade as a margin account, margin contract, leverage account, or leverage contract.\n(3) An agreement or transaction that is:\n(A) subject to regulation under Section 4c(b) of the federal Commodity Exchange Act (7 U.S.C. 1 et seq.); and\n(B) commonly known to the commodities trade as a commodity option.\n(4) A combination of the contracts, agreements, or transactions described in subdivisions (1) through (3).\n(5) An option to enter into:\n(A) a contract;\n(B) an agreement;\n(C) a transaction; or\n(D) a combination of contracts, agreements, or transactions;\ndescribed in subdivisions (1) through (4).","path":["TITLE 27. INSURANCE","ARTICLE 9. SUPERVISION; REHABILITATION; LIQUIDATION","Chapter 3.1. Treatment of Certain Agreements"],"source_url":"https://iga.in.gov/ic/2026/Title_27.html#27-9-3.1-3","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-25T05:39:04Z","sha256":"b92f7a760889bbb39d8cd8854628c9b1dfb2421ad903668b903e6f554ea3c5bb","source_id":"us-in","stale":false,"prev":"us-in/ic-27-9-3.1-2","next":"us-in/ic-27-9-3.1-4"},"notice":"GroundRules: Original legal text. Not legal advice."}