California § 29535 - No person shall engage in a trade or business or otherwise act as a commodity mer
Full text of California Public Contract Code - PCC § 29535 — No person shall engage in a trade or business or otherwise act as a commodity mer, with citation guidance and answers to common questions.
§ 29535. No person shall engage in a trade or business or otherwise act as a commodity mer
(a) No person shall engage in a trade or business or otherwise act as a commodity merchant unless the person (1) is registered or temporarily licensed with the Commodity Futures Trading Commission for each activity constituting that person as a commodity merchant and the registration or temporary license shall not have expired, been suspended, or revoked; or (2) is exempt from the registration by virtue of the Commodity Exchange Act (7 U.S.C. Sec. 1 et seq.) or of a CFTC rule. (b) No board of trade shall trade, or provide a place for the trading of, any commodity contract required to be traded on or subject to the rules of a contract market designated by the Commodity Futures Trading Commission, unless the board of trade has been so designated for the commodity contract and that designation shall not have been vacated, suspended, or revoked.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 29535
What does Public Contract Code - PCC § 29535 cover?
Section 29535 ("No person shall engage in a trade or business or otherwise act as a commodity mer") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 29535?
A common citation format is "Public Contract Code - PCC § 29535" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 29535 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.