Contracts of Sale for Future Delivery of Cotton, Grain, Stocks, or Other Commodities, Absent Bona Fide Intention of Parties As to Delivery, Execution of Contract Upon Floor of Exchange Declared Null and Void; Penalty for Entering Into or Assisting Entering Into Such Contracts | Title 13 - Contracts | Georgia Law
This Georgia statute covers contracts of Sale for Future Delivery of Cotton, Grain, Stocks, or Other Commodities, Absent Bona Fide Intention of Parties As to Delivery, Execution of Contract Upon Floor of Exchange Declared Null and Void and Penalty for Entering Into or Assisting Entering Into Such Contracts under Title 13 - Contracts. It describes conduct the law restricts and should be read closely for exceptions, defenses, or penalties. Read the full text and FAQ below to confirm who it applies to, what it requires, and any exceptions.
Contracts of Sale for Future Delivery of Cotton, Grain, Stocks, or Other Commodities, Absent Bona Fide Intention of Parties As to Delivery, Execution of Contract Upon Floor of Exchange Declared Null and Void; Penalty for Entering Into or Assisting Entering Into Such Contracts
What does Georgia Code § 13-9-3 cover?
This Georgia statute covers contracts of Sale for Future Delivery of Cotton, Grain, Stocks, or Other Commodities, Absent Bona Fide Intention of Parties As to Delivery, Execution of Contract Upon Floor of Exchange Declared Null and Void and Penalty for Entering Into or Assisting Entering Into Such Contracts under Title 13 - Contracts.
Who needs to pay attention to Georgia Code § 13-9-3?
Anyone dealing with the rights, duties, procedures, or compliance questions raised by this section should read it in context with Title 13 - Contracts.
Does Georgia Code § 13-9-3 create penalties or procedural rules?
Yes. The statute text references penalties or enforcement language, so the exact consequences depend on the wording of this section and any cross-referenced provisions.
Where can I research related Georgia law?
Search Georgia Code § 13-9-3 on FlawFinder or browse the surrounding sections in Title 13 - Contracts to compare related definitions, exceptions, and enforcement rules.
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