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Current as of January 02, 2024 | Updated by Findlaw Staff
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.
Cite this article: FindLaw.com - Indiana Code Title 27. Insurance § 27-9-3.1-4 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-27-insurance/in-code-sect-27-9-3-1-4/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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