Sec. 14. (a) As used in this chapter, “person” means an individual, a corporation, a partnership, a limited liability company, an association, a joint-stock company, a trust where the interests of the beneficiaries are evidenced by a security, an unincorporated organization, a government, or a political subdivision of a government.

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Terms Used In Indiana Code 23-2-6-14

  • commodity: means , except as otherwise specified by a rule, regulation, or order of the commissioner, any of the following:

    Indiana Code 23-2-6-4

  • Commodity Futures Trading Commission: means the independent regulatory agency established to administer the Commodity Exchange Act. See Indiana Code 23-2-6-8
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
     (b) The term does not include a contract market designated by any of the following:

(1) The Commodity Futures Trading Commission.

(2) Any clearinghouse of the Commodity Futures Trading Commission.

(3) A national securities exchange that is registered with the Securities and Exchange Commission.

(4) An employee, an officer, or a director of a contract market designated clearinghouse or exchange who is acting solely in that capacity.

As added by P.L.177-1991, SEC.10. Amended by P.L.8-1993, SEC.315.