North Carolina Statutes
§ 78D-5 — Unlawful commodity activities
North Carolina § 78D-5
This text of North Carolina § 78D-5 (Unlawful commodity activities) is published on Counsel Stack Legal Research, covering North Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.C. Gen. Stat. § 78D-5 (2026).
Text
(a)No person shall engage in a trade or business or otherwise act as a commodity merchant unless such person (i) is registered or temporarily licensed with the Commodity Futures Trading Commission for each activity constituting such person as a commodity merchant and such registration or temporary license shall not have expired, nor been suspended nor revoked; or (ii) is exempt from such registration by virtue of the Commodity Exchange Act or of a CFTC rule.
(b)No board of trade shall trade, or provide a place for the trading of, any commodity contract or commodity option required to be traded on or subject to the rules of a contract market designated by the Commodity Futures Trading Commission unless such board of trade has been so designated for such commodity contract or commodity opt
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Nearby Sections
15
§ 78D-1
Definitions§ 78D-21
Investigations§ 78D-22
Enforcement of Chapter§ 78D-23
Power of court to grant relief§ 78D-24
Criminal penalties§ 78D-25
Administration of Chapter§ 78D-26
Cooperation with other agencies§ 78D-28
Consent to service of process§ 78D-29
Scope of the Chapter§ 78D-3
Exempt person transactions§ 78D-30
Procedure for entry of an order§ 78D-31
Judicial review of orders§ 78D-32
Pleading exemptionsCite This Page — Counsel Stack
Bluebook (online)
North Carolina § 78D-5, Counsel Stack Legal Research, https://law.counselstack.com/statute/nc/78D/78D-5.