Maine § 32 §11204 Exempt transactions

Maine Statutes

§ 32 §11204 — Exempt transactions

Maine·Title 32 PROFESSIONS AND OCCUPATIONS·Ch. 111-A MAINE COMMODITY CODE

1.Exempt transactions. The prohibitions in section 11202 do not apply to the following:

2.Rules or orders specifying exemption. The administrator may issue rules or orders prescribing the terms and conditions of all transactions and contracts covered by this chapter which are not within the exclusive jurisdiction of the Commodity Futures Trading Commission as granted by the Commodity Exchange Act, exempting any person or transaction from any provision of this chapter conditionally or unconditionally and otherwise implementing the provisions of this chapter for the protection of purchasers and sellers of commodities.

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1.
Exempt transactions.
The prohibitions in section 11202 do not apply to the following:
2.
Rules or orders specifying exemption.
The administrator may issue rules or orders prescribing the terms and conditions of all transactions and contracts covered by this chapter which are not within the exclusive jurisdiction of the Commodity Futures Trading Commission as granted by the Commodity Exchange Act, exempting any person or transaction from any provision of this chapter conditionally or unconditionally and otherwise implementing the provisions of this chapter for the protection of purchasers and sellers of commodities.

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