republic-os/legislation/us/states/in/2022/sb-351.md

---
type: "Bill"
title: "Controllable electronic records."
description: "Adds a new chapter to the Uniform Commercial Code (UCC) that governs transactions involving controllable electronic records and that does the following: (1) Defines \"controllable electronic records\". (2) Establishes the following: (A) The extent to which a purchaser acquires rights and interests in controllable electronic records. (B) The circumstances under which a qualifying purchaser acquires rights in a controllable electronic record free of any adverse claim. (C) The conditions that must be satisfied for a person to be considered to have control over controllable electronic records. Amends certain sections in the UCC chapter concerning secured transactions to reference controllable electronic records and to provide for the perfection of a security interest in controllable electronic records by: (1) control; or (2) the filing of a financing statement. Amends the Indiana statute concerning unclaimed personal property to: (1) add a definition of \"controllable electronic record\" in that statute; and (2) authorize (rather than require, as specified in current law) the attorney general to adopt rules regarding virtual currency, controllable electronic records, and digital assets, to the extent such rules are consistent with, and not otherwise covered by: (A) the bill's provisions; or (B) any other Indiana law concerning virtual currency, controllable electronic records, or digital assets."
jurisdiction: "us/states/in"
legislature: "Indiana General Assembly"
session: "2022"
identifier: "SB 351"
citation: "Indiana SB 351 (2022)"
classification: ["bill"]
subjects: ["ATTORNEY GENERAL", "COMMERCIAL CODE (UCC)", "PROPERTY"]
status: "enacted"
primary_sponsors: ["Chris Garten", "Jake Teshka", "Justin Busch", "Liz Brown"]
version_count: 4
action_count: 22
vote_count: 1
first_action: "2022-01-11"
last_action: "2022-03-14"
source: "openstates"
source_identifier: "ocd-bill/11dc7a30-b2c6-444e-a29f-7ed707aa7db5"
source_url: "http://iga.in.gov/legislative/2022/bills/senate/351"
source_hash: "4f04f2a0691342d3b63f1e080ec2a8e6f03b877a244a73d79a1cb81cdc1f3b9a"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-in"]
---

# Indiana SB 351 (2022) — Controllable electronic records.

Adds a new chapter to the Uniform Commercial Code (UCC) that governs transactions involving controllable electronic records and that does the following: (1) Defines "controllable electronic records". (2) Establishes the following: (A) The extent to which a purchaser acquires rights and interests in controllable electronic records. (B) The circumstances under which a qualifying purchaser acquires rights in a controllable electronic record free of any adverse claim. (C) The conditions that must be satisfied for a person to be considered to have control over controllable electronic records. Amends certain sections in the UCC chapter concerning secured transactions to reference controllable electronic records and to provide for the perfection of a security interest in controllable electronic records by: (1) control; or (2) the filing of a financing statement. Amends the Indiana statute concerning unclaimed personal property to: (1) add a definition of "controllable electronic record" in that statute; and (2) authorize (rather than require, as specified in current law) the attorney general to adopt rules regarding virtual currency, controllable electronic records, and digital assets, to the extent such rules are consistent with, and not otherwise covered by: (A) the bill's provisions; or (B) any other Indiana law concerning virtual currency, controllable electronic records, or digital assets.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Enrolled Senate Bill (S)** (committee substitute) — [source](http://in-proxy.openstates.org/2022/bills/SB0351/versions/SB0351.04.ENRH)
2. **Introduced Senate Bill (S)** (committee substitute) — [source](http://in-proxy.openstates.org/2022/bills/SB0351/versions/SB0351.01.INTR)
3. **Senate Bill (H)** (committee substitute) — [source](http://in-proxy.openstates.org/2022/bills/SB0351/versions/SB0351.03.COMH)
4. **Senate Bill (S)** (committee substitute) — [source](http://in-proxy.openstates.org/2022/bills/SB0351/versions/SB0351.02.COMS)

## Votes

- SB 351 - Teshka J - 3rd Reading — **92–0** (pass) · lower

## Sponsors

- Chris Garten — primary (person)
- Jake Teshka — primary (person)
- Justin Busch — primary (person)
- Liz Brown — primary (person)
- Eddie Melton — coauthor (person)
- Eric Koch — coauthor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2022-01-11** Authored by Senators Garten and Busch
- **2022-01-11** First reading: referred to Committee on Judiciary `reading-1, referral-committee`
- **2022-01-27** Committee report: amend do pass, adopted `committee-passage`
- **2022-01-27** Senator Brown L added as third author
- **2022-01-27** Senator Koch added as coauthor
- **2022-01-31** Second reading: ordered engrossed `reading-2`
- **2022-02-01** Third reading: passed; Roll Call 178: yeas 49, nays 0 `passage, reading-3`
- **2022-02-01** House sponsor: Representative Teshka
- **2022-02-01** Senator Melton added as coauthor
- **2022-02-02** Referred to the House
- **2022-02-08** First reading: referred to Committee on Judiciary `reading-1, referral-committee`
- **2022-02-17** Committee report: amend do pass, adopted `committee-passage`
- **2022-02-21** Second reading: ordered engrossed `reading-2`
- **2022-02-22** Third reading: passed; Roll Call 242: yeas 92, nays 0 `passage, reading-3`
- **2022-02-23** Returned to the Senate with amendments `amendment-failure`
- **2022-02-28** Motion to concur filed
- **2022-03-02** Senate concurred in House amendments; Roll Call 325: yeas 46, nays 0 `amendment-failure`
- **2022-03-07** Signed by the President Pro Tempore
- **2022-03-08** Signed by the Speaker
- **2022-03-14** Signed by the President of the Senate
- **2022-03-14** Signed by the Governor `executive-signature`
- **2022-03-14** Public Law 110

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/11dc7a30-b2c6-444e-a29f-7ed707aa7db5`. Confidence: reported (aggregated from official Indiana legislature records).