Nevada Statutes
§ 91.100 — “Commodity option” defined
Nevada·Title 7 BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES·Ch. 91 Commodities· GENERAL PROVISIONS
“Commodity option” means any account, agreement or contract giving a party thereto the right but not the obligation to purchase or sell one or more commodities or one or more commodity contracts, whether characterized as an option, privilege, indemnity, bid, offer, put, call, advance guaranty, decline guaranty or otherwise, but does not include an option traded on a national securities exchange registered with the Securities and Exchange Commission.
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Legislative History
(Added to NRS by 1987, 1283 )
Nearby Sections
15
§ 91.010
Purpose; construction§ 91.020
Definitions§ 91.030
“Administrator” defined§ 91.040
“Board of trade” defined§ 91.050
“Commodity” defined§ 91.060
“Commodity contract” defined§ 91.070
“Commodity Exchange Act” defined§ 91.090
“Commodity merchant” defined§ 91.100
“Commodity option” defined§ 91.110
“Financial institution” defined§ 91.120
“Offer” defined§ 91.130
“Person” defined§ 91.140
“Precious metal” defined§ 91.150
“Sale” and “sell” defined