Georgia § 10-5A-5 - Conditions for acting as commodity merchant; designation of board of trade.

Full text of Georgia Official Code of Georgia Annotated § 10-5A-5 — Conditions for acting as commodity merchant; designation of board of trade., with citation guidance and answers to common questions.

§ 10-5A-5. Conditions for acting as commodity merchant; designation of board of trade.

No person shall engage in a trade or business or otherwise act as a commodity merchant unless such person: Is registered or temporarily licensed with the Commodity Futures Trading Commission for each activity constituting such person as a commodity merchant and such registration or temporary license shall not have expired or been suspended or revoked; or Is exempt from such registration by virtue of the Commodity Exchange Act or of a Commodity Futures Trading Commission rule. No board of trade shall trade or provide a place for the trading of any commodity contract or commodity option required to be traded on or subject to the rules of a contract market designated by the Commodity Futures Trading Commission unless such board of trade has been so designated for such commodity contract or commodity option and such designation shall not have been vacated, suspended, or revoked. (Code 1981, § 10-5A-5 , enacted by Ga. L. 1988, p. 1636, § 1.)

Source: official Georgia text · Last verified 2026-08-27

Frequently Asked Questions About Georgia § 10-5A-5

What does Official Code of Georgia Annotated § 10-5A-5 cover?

Section 10-5A-5 ("Conditions for acting as commodity merchant; designation of board of trade.") is part of the Official Code of Georgia Annotated, the codified statutory law of Georgia. 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 Georgia § 10-5A-5?

A common citation format is "Official Code of Georgia Annotated § 10-5A-5" (Georgia). 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 Georgia law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Georgia official source linked on this page or consult a licensed Georgia attorney.

How does Georgia § 10-5A-5 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Georgia 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 Georgia.