North Dakota § 51-23-06 - Unlawful commodity activities
Full text of North Dakota North Dakota Century Code § 51-23-06 — Unlawful commodity activities, with citation guidance and answers to common questions.
§ 51-23-06. Unlawful commodity activities
1. No person may engage in a trade or business or otherwise act as a commodity merchant unless such person: a. 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, nor been suspended nor revoked; or b. Is exempt from such registration by virtue of the Commodity Exchange Act or of a CFTC rule. 2. No board of trade may 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 has not been vacated, suspended, or revoked.
Source: official North Dakota text · Last verified 2026-08-27
Frequently Asked Questions About North Dakota § 51-23-06
What does North Dakota Century Code § 51-23-06 cover?
Section 51-23-06 ("Unlawful commodity activities") is part of the North Dakota Century Code, the codified statutory law of North Dakota. 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 North Dakota § 51-23-06?
A common citation format is "North Dakota Century Code § 51-23-06" (North Dakota). 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 North Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the North Dakota official source linked on this page or consult a licensed North Dakota attorney.
How does North Dakota § 51-23-06 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in North Dakota 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 North Dakota.