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2018 California Code
Corporations Code - CORP
TITLE 4 - SECURITIES
DIVISION 4.5 - COMMODITIES
CHAPTER 1 - Definitions
Section 29510.
Universal Citation: CA Corp Code § 29510 (2018)
29510.
“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.
(Added by Stats. 1990, Ch. 969, Sec. 2.)
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