Indiana Code 27-9-3.1-7. “Qualified financial contract”
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Terms Used In Indiana Code 27-9-3.1-7
- Contract: A legal written agreement that becomes binding when signed.
- forward contract: has the meaning set forth in the Federal Deposit Insurance Act (Indiana Code 27-9-3.1-5
- repurchase agreement: has the meaning set forth in the Federal Deposit Insurance Act (Indiana Code 27-9-3.1-8
- securities contract: has the meaning set forth in the Federal Deposit Insurance Act (Indiana Code 27-9-3.1-9
- swap agreement: has the meaning set forth in the Federal Deposit Insurance Act (Indiana Code 27-9-3.1-10
Sec. 7. As used in this chapter, “qualified financial contract” means a commodity contract, forward contract, repurchase agreement, securities contract, swap agreement, or a similar agreement, as determined by the commissioner.
As added by P.L.11-2011, SEC.36.