Sec. 16. As used in this chapter, "sale" means any: (1) exchange; (2) contract of sale; (3) contract to sell; or (4) disposition; for value. As added by P.L.177-1991, SEC.10.
"Sale" defined
Ind. Code § 23-2-6-16, under Indiana Commodity Code.
Ind. Code § 23-2-6-16