South Carolina § 39-73-60 - Prohibited acts.
Full text of South Carolina South Carolina Code of Laws § 39-73-60 — Prohibited acts., with citation guidance and answers to common questions.
§ 39-73-60. Prohibited acts.
No person, directly or indirectly, in or in connection with the purchase or sale of, the offer to sell, the offer to purchase, the offer to enter into, or the entry into of, a commodity contract or commodity option subject to Sections 39-73-20, 39-73-30, or 39-73-40(A)(2) or (4), may:
(1) cheat or defraud or attempt to cheat or defraud a person or employ a device, a scheme, or an artifice to defraud a person;
(2) make a false report, enter a false record, or make an untrue statement of a material fact or omit to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they were made, not misleading;
(3) engage in a transaction, an act, a practice, or a course of business, including without limitation a form of advertising or solicitation which operates or would operate as a fraud or deceit upon a person; or
(4) misappropriate or convert the funds, security, or property of a person.
HISTORY: 1993 Act No. 68, SECTION 1, eff 200 days after approval (approved May 14, 1993); 2025 Act No. 67 (H.4247), SECTION 3, eff May 22, 2025.
Effect of Amendment
2025 Act No. 67, SECTION 3, in the first undesignated paragraph, substituted "39-73-30" for "39-73-310".
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 39-73-60
What does South Carolina Code of Laws § 39-73-60 cover?
Section 39-73-60 ("Prohibited acts.") is part of the South Carolina Code of Laws, the codified statutory law of South Carolina. 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 South Carolina § 39-73-60?
A common citation format is "South Carolina Code of Laws § 39-73-60" (South Carolina). 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 South Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Carolina official source linked on this page or consult a licensed South Carolina attorney.
How does South Carolina § 39-73-60 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Carolina 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 South Carolina.