As used in this chapter, 'commodity contract' means any of the following:(1) A contract for the purchase or sale of a commodity:(A) for future delivery on; or(B) subject to the rules of;a 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.(2) An agreement that is:(A) subject to regulation under Section 19 of the federal Commodity Exchange Act (7 U.S.C. 1 et seq.); and(B) commonly known to the commodities trade as a margin account, margin contract, leverage account, or leverage contract.(3) An agreement or transaction that is:(A) subject to regulation under Section 4c(b) of the federal Commodity Exchange Act (7 U.S.C. 1 et seq.); and(B) commonly known to the commodities trade as a commodity option.(4) A combination of the contracts, agreements, or transactions described in subdivisions (1) through (3).(5) An option to enter into:(A) a contract;(B) an agreement;(C) a transaction; or(D) a combination of contracts, agreements, or transactions;described in subdivisions (1) through (4).As added by P.L.11-2011, SEC.36.
Indiana Legal Code