Cal. Corp. Code § 29510

Current through the 2023 Legislative Session.
Section 29510 - "Commodity option" defined

"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, or both, whether characterized as an option, privilege, indemnity, bid, offer, put, call, advance guaranty, decline guaranty, or otherwise, but shall not include an option traded on a national securities exchange registered with the United States Securities and Exchange Commission.

Ca. Corp. Code § 29510

Added by Stats. 1990, Ch. 969, Sec. 2.