As used in this chapter: (1) “Board of trade” means any person or persons engaged in buying or selling any commodity or receiving the same for sale on consignment, whether such person or persons are characterized as a board of trade, exchange or other form of marketplace. (2) “Commodity” means, except as otherwise specified by […]
Except as otherwise provided in ORS 645.015 or 645.020: (1) No person shall sell or purchase or offer to sell or purchase any commodity under any commodity contract or under any commodity option or offer to enter into or enter into as seller or purchaser any commodity contract or any commodity option. (2) No person […]
(1) The prohibitions in ORS 645.010 shall not apply to any transaction by: (a) A person registered with the federal Commodity Futures Trading Commission as a futures commission merchant or as a leverage transaction merchant whose activities require registration; (b) A person affiliated with, and whose obligations and liabilities under the transaction are guaranteed by, […]
The prohibitions in ORS 645.010 shall not apply to the following: (1) An account, agreement or transaction within the exclusive jurisdiction of the federal Commodity Futures Trading Commission; (2) A commodity contract for silver, gold, platinum, palladium, copper or other precious metal as defined by rule of the director whether in coin, bullion or other […]
(1) ORS 645.010, 645.035 and 645.040 apply to persons who sell or offer to sell when: (a) An offer to sell is made in this state; or (b) An offer to buy is made and accepted in this state. (2) ORS 645.010, 645.035 and 645.040 apply to persons who buy or offer to buy when: […]
(1) For the purpose of ORS 645.025, an offer to sell or to buy is made in this state, whether or not either party is then present in this state, when the offer: (a) Originates from this state; or (b) Is directed by the offeror to this state and received at the place to which […]
(1) No person shall engage in a trade or business or otherwise act as a commodity merchant unless such person: (a) Is registered or temporarily licensed with the federal Commodity Futures Trading Commission for each activity constituting such person as a commodity merchant; or (b) Is exempt from such registration by virtue of the federal […]
(1) It is unlawful for any person, directly or indirectly, in connection with a commodity contract or commodity option: (a) To employ any device, scheme or artifice to defraud; (b) To make any false report, enter any false record or make any untrue statement of a material fact or omit to state a material fact […]