California Statutes
§ 29535. — 29535. (Added by Stats. 1990, Ch. 969, Sec. 2.)
California·Code CORP Corporations Code - CORP·Div. 4.5.·Title 4. DIVISION 4.5. COMMODITIES·Ch. 4. CHAPTER 4. Unlawful Activities and Fraudulent Conduct
(a)No person shall engage in a trade or business or otherwise act as a commodity merchant unless the person (1) is registered or temporarily licensed with the Commodity Futures Trading Commission for each activity constituting that person as a commodity merchant and the registration or temporary license shall not have expired, been suspended, or revoked; or (2) is exempt from the registration by virtue of the Commodity Exchange Act (7 U.S.C. Sec. 1 et seq.) or of a CFTC rule.
(b)No board of trade shall trade, or provide a place for the trading of, any commodity contract required to be traded on or subject to the rules of a contract market designated by the Commodity Futures Trading Commission, unless the board of trade has been so designated for the commodity contract and that designat
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California § 29535. (29535. (Added by Stats. 1990, Ch. 969, Sec. 2.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1990, Ch. 969, Sec. 2.