Indiana Statutes
§ 23-2-6-6 — "Commodity contract" defined
Indiana·Title 23 BUSINESS AND OTHER ASSOCIATIONS·Art. 2 SECURITIES AND FRANCHISES·Ch. 6 Indiana Commodity Code
As used in this chapter, "commodity contract" means an account, an agreement, or a contract that:
(1)is for the purchase or sale of at least one (1) commodity;
(2)is primarily for speculation or investment purposes; and
(3)is not primarily for the use or consumption by the offeree or
purchaser;
regardless of whether the account, agreement, or contract is for
immediate or subsequent delivery or whether delivery is intended by
the parties, and whether characterized as a cash contract, deferred
shipment or deferred delivery contract, forward contract, futures
contract, installment or margin contract, leverage contract, or
otherwise. For purposes of this chapter, any commodity contract
offered or sold shall, in the absence of evidence to the contrary, be
presumed to be offered or sold for s
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Legislative History
As added by P.L.177-1991, SEC.10.
Nearby Sections
15
§ 23-0.5-1-1
Short title§ 23-0.5-1-2
Application§ 23-0.5-1-3
Application; exceptions§ 23-0.5-1-4
Delivery of record§ 23-0.5-1-5
Rules and procedures§ 23-0.5-1-6
Terms dependent on facts ascertainable outside the plan or filed
document; articles of amendment§ 23-0.5-1.5-1
Application of definitions§ 23-0.5-1.5-10
"Filed record"§ 23-0.5-1.5-11
"Filing entity"§ 23-0.5-1.5-12
"Foreign"§ 23-0.5-1.5-13
"General partnership"§ 23-0.5-1.5-14
"Governance interest"§ 23-0.5-1.5-15
"Governing person"§ 23-0.5-1.5-16
"Interest"§ 23-0.5-1.5-17
"Interest holder"