Indiana Statutes
§ 26-1-9.1-106 — Control of investment property
Indiana § 26-1-9.1-106
This text of Indiana § 26-1-9.1-106 (Control of investment property) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ind. Code § 26-1-9.1-106 (2026).
Text
(a)A person has control of a certificated
security, uncertificated security, or security entitlement as provided in
IC 26-1-8.1-106.
(b)A secured party has control of a commodity contract if:
(1)the secured party is the commodity intermediary with which
the commodity contract is carried; or
(2)the commodity customer, secured party, and commodity
intermediary have agreed that the commodity intermediary will
apply any value distributed on account of the commodity contract
as directed by the secured party without further consent by the
commodity customer.
(c)A secured party having control of all security entitlements or
commodity contracts carried in a securities account or commodity
account has control over the securities account or commodity account.
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Related
In Re Wright Group, Inc.
443 B.R. 795 (N.D. Indiana, 2011)
Legislative History
As added by P.L.57-2000, SEC.45.
Nearby Sections
15
§ 26-1-1-0.3
Certain security interests considered perfected§ 26-1-1-0.5
Status of certain security interests; conditions; lapsing of perfection;
filing of financing statements§ 26-1-1-101
Short title; application§ 26-1-1-104
Construction against implicit repeal§ 26-1-1-105
Repealed§ 26-1-1-106
Remedies to be liberally administered§ 26-1-1-108
SeverabilityCite This Page — Counsel Stack
Bluebook (online)
Indiana § 26-1-9.1-106, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/26-1-9.1-106.