South Carolina Statutes
§ 32-1-270 — Statements to be furnished by agents; effect of failure to furnish.
Every person shall furnish upon demand to any principal for whom such person has executed any contract for the future delivery of any cotton, grain, stocks or other commodities a written instrument setting forth the name and location of the exchange, board of trade or similar institution upon which such contract has been executed, the date of the execution of the contract and the name and address of the person with whom such contract was executed. If such person shall refuse or neglect to furnish such statement upon reasonable demand such refusal or neglect shall be prima facie evidence that such contract was an illegal contract within the provisions of SECTION 32-1-220 and that the person who executed it was engaged in the maintenance and operation of a bucket shop.
Free access — add to your briefcase to read the full text and ask questions with AI
South Carolina § 32-1-270 (Statements to be furnished by agents; effect of failure to furnish.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1962 Code SECTION 11-66; 1952 Code SECTION 11-66; 1942 Code SECTION 6317; 1932 Code SECTION 6317; 1928 (35) 1321.
Nearby Sections
15
§ 32-1-210
Definitions.§ 32-1-240
Contracts of sale for future delivery.§ 32-1-250
Bona fide hedging contracts.§ 32-1-280
Bucket shops.§ 32-1-30
Orders for discovery.