Sec. 1. As used in this chapter, “board of trade” refers to a person or group of persons engaged in:

(1) buying or selling a commodity; or

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Indiana Code 23-2-6-1

  • board of trade: refers to a person or group of persons engaged in:

    Indiana Code 23-2-6-1

  • 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

  • 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. See Indiana Code 23-2-6-14
  • sale: means any:

    Indiana Code 23-2-6-16

(2) receiving a commodity for sale on consignment;

whether the person or group of persons is characterized as a board of trade, an exchange, or any other type of marketplace.

As added by P.L.177-1991, SEC.10.