"Contractual right"

Ind. Code § 27-9-3.1-4, under Treatment of Certain Agreements.

Ind. Code § 27-9-3.1-4

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. As added by P.L.11-2011, SEC.36.