Ind. Code § 26-1-9.1-102
(a) In IC 26-1-9.1 :
(2) "Account", except as used in "account for", "account statement", "account to", "commodity account" in subdivision (14), "customer's account", "deposit account" in subdivision (29), "on account of", and "statement of account", means a right to payment of a monetary obligation, whether or not earned by performance:
(H) as winnings in a lottery or other game of chance operated or sponsored by a state other than Indiana, a governmental unit of a state, or a person licensed or authorized to operate the game by a state or governmental unit of a state.
The term does not include a right to a payment of a prize awarded by the state lottery commission in the Indiana state lottery established under IC 4-30 . The term includes controllable accounts and health-care-insurance receivables. The term does not include (i) chattel paper, (ii) commercial tort claims, (iii) deposit accounts, (iv) investment property, (v) letter-of-credit rights or letters of credit, (vi) rights to payment for money or funds advanced or sold, other than rights arising out of the use of a credit or charge card or information contained on or for use with the card, or (vii) rights to payment evidenced by an instrument.
(4) "Accounting", except as used in "accounting for", means a record:
(5) "Agricultural lien" means an interest, other than a security interest, in farm products:
(A) that secures payment or performance of an obligation for:
(B) that is created by statute in favor of a person that:
(6) "As-extracted collateral" means:
(A) oil, gas, or other minerals that are subject to a security interest that:
(7) The following terms have the following meanings:
(11) "Chattel paper" means:
(B) a right to payment of a monetary obligation owed by a lessee under a lease agreement with respect to specific goods and a monetary obligation owed by the lessee in connection with the transaction giving rise to the lease if:
(ii) the predominant purpose of the transaction giving rise to the lease was to give the lessee the right to possession and use of the goods.
The term does not include a right to payment arising out of a charter or other contract involving the use or hire of a vessel, or a right to payment arising out of the use of a credit or charge card or information contained on or for use with the card.
(12) "Collateral" means the property subject to a security interest or agricultural lien. The term includes:
(13) "Commercial tort claim" means a claim arising in tort with respect to which:
(B) the claimant is an individual and the claim:
(15) "Commodity contract" means a commodity futures contract, an option on a commodity futures contract, a commodity option, or another contract if the contract or option is:
(17) "Commodity intermediary" means a person that:
(18) "Communicate" means:
(20) "Consignment" means a transaction, regardless of its form, in which a person delivers goods to a merchant for the purpose of sale and:
(A) the merchant:
(24) "Consumer-goods transaction" means a consumer transaction in which:
(27) The following terms have the following meanings:
(A) "Continuation statement" means an amendment of a financing statement that:
(28) "Debtor" means:
(34) "Farm products" means goods, other than standing timber, with respect to which the debtor is engaged in a farming operation and which are:
(A) crops grown, growing, or to be grown, including:
(48) "Inventory" means goods, other than farm products, that:
(52) "Lien creditor" means:
(54) The following terms have the following meanings:
(A) "Manufactured-home transaction" means a secured transaction:
(62) "Person related to", with respect to an individual, means:
(63) "Person related to", with respect to an organization, means:
(64) "Proceeds", except as used in IC 26-1-9.1-609 (b), means the following property:
(67) "Public-finance transaction" means a secured transaction in connection with which:
(68) "Public organic record" means a record that is available to the public for inspection and is:
(72) "Secondary obligor" means an obligor to the extent that:
(73) "Secured party" means:
(80) "Termination statement" means an amendment of a financing statement that:
(81) "Transmitting utility" means a person primarily engaged in the business of:
(b) "Control" as provided in IC 26-1-7-106 and the following definitions outside IC 26-1-9.1 apply to IC 26-1-9.1 :
"Applicant" IC 26-1-5.1-102 .
"Beneficiary" IC 26-1-5.1-102 .
"Broker" IC 26-1-8.1-102 .
"Certificated security" IC 26-1-8.1-102 .
"Check" IC 26-1-3.1-104 .
"Clearing corporation" IC 26-1-8.1-102 .
"Contract for sale" IC 26-1-2-106 .
"Controllable electronic record" IC 26-1-12-102 .
"Customer" IC 26-1-4-104 .
"Entitlement holder" IC 26-1-8.1-102 .
"Financial asset" IC 26-1-8.1-102 .
"Holder in due course" IC 26-1-3.1-302 .
"Issuer" (with respect to a letter of credit or letter-of-credit right) IC 26-1-5.1-102 .
"Issuer" (with respect to a security) IC 26-1-8.1-201 .
"Issuer" (with respect to documents of title) IC 26-1-7-102 .
"Lease" IC 26-1-2.1-103 .
"Lease agreement" IC 26-1-2.1-103 .
"Lease contract" IC 26-1-2.1-103 .
"Leasehold interest" IC 26-1-2.1-103 .
"Lessee" IC 26-1-2.1-103 .
"Lessee in ordinary course of business" IC 26-1-2.1-103 .
"Lessor" IC 26-1-2.1-103 .
"Lessor's residual interest" IC 26-1-2.1-103 .
"Letter of credit" IC 26-1-5.1-102 .
"Merchant" IC 26-1-2-104 .
"Negotiable instrument" IC 26-1-3.1-104 .
"Nominated person" IC 26-1-5.1-102 .
"Note" IC 26-1-3.1-104 .
"Proceeds of a letter of credit" IC 26-1-5.1-114 .
"Protected purchaser" IC 26-1-8.1-303 .
"Prove" IC 26-1-3.1-103 .
"Qualifying purchaser" IC 26-1-12-102 .
"Sale" IC 26-1-2-106 .
"Securities account" IC 26-1-8.1-501 .
"Securities intermediary" IC 26-1-8.1-102 .
"Security" IC 26-1-8.1-102 .
"Security certificate" IC 26-1-8.1-102 .
"Security entitlement" IC 26-1-8.1-102 .
"Uncertificated security" IC 26-1-8.1-102 .
As added by P.L.57-2000, SEC.45. Amended by P.L.143-2007, SEC.65; P.L.108-2009, SEC.3; P.L.54-2011, SEC.3; P.L.110-2022, SEC.1; P.L.199-2023, SEC.40; P.L.157-2026, SEC.223.