Section 2-19-101

Published: 2015

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Section 2-19-101

Section 2-19-101Required.

(a) No person may purchase cotton on a forward contract from a cotton producer without first having registered with the commissioner as a cotton buyer.

(b) It shall be a misdemeanor to violate subsection (a) of this section and, upon conviction, the punishment imposed shall be as prescribed by law.

(Acts 1975, No. 1243, §§2, 6.)