§ 13-9-1. Definitions

As used in this chapter, the term: “Contract for sale” means sales, purchases, agreements of sale, agreements to sell, and agreements to purchase; and “Person” means individuals, associations, partnerships, and corporations. History. Ga. L. 1929, p. 245, § 1; Code 1933, § 20-601.

§ 13-9-2. Requirements for Valid and Enforceable Contracts of Sale for Future Delivery of Cotton, Grain, Stocks, and Other Items, Generally; Future Delivery Contracts Where Actual Delivery of Commodities Bought or Sold Not Contemplated Declared Unlawful

All contracts of sale for future delivery of cotton, grain, stocks, or other commodities (1) made in accordance with the rules of any board of trade, exchange, or similar institution, (2) actually executed on the floor of such board of trade, exchange, or similar institution and performed or discharged according to the rules thereof, and […]

§ 13-9-3. Contracts of Sale for Future Delivery of Cotton, Grain, Stocks, or Other Commodities, Absent Bona Fide Intention of Parties as to Delivery, Execution of Contract Upon Floor of Exchange Declared Null and Void; Penalty for Entering Into or Assisting Entering Into Such Contracts

Any contract of sale for future delivery of cotton, grain, stocks, or other commodities shall be null and void and unenforceable in any court by any party thereto where it is not the bona fide intention of a party to the contract that the cotton, grain, stocks, or other commodities mentioned therein are to be […]

§ 13-9-4. Furnishing of Written Statement as to Location, Date, and Other Details of Execution of Contract for Future Delivery of Cotton, Grain, Stocks to Principal for Whom Contract Executed; Effect of Failure to Furnish Statement

Every person shall furnish upon demand, to any principal for whom such person has executed any contract for future delivery of any cotton, grain, stocks, or other commodities, a written instrument setting forth the name and location of the exchange, board of trade, or similar institution upon which such contract has been executed, the date […]

§ 13-9-5. Organization of Cotton Exchanges, Boards of Trade to Receive and Post Quotations; Adoption of Rules and Regulations; Inspection of Books

There may be organized in any municipality voluntary associations to be known as cotton exchanges, boards of trade, or similar institutions, to receive and post quotations on cotton, grain, stocks, or other commodities for the benefit of the members or other persons engaged in the production of cotton, grain, stocks, or other commodities. Such associations […]

§ 13-9-6. Maintenance or Operation of Bucket Shop

As used in this Code section, the term “bucket shop” means any place of business in which contracts of the nature provided for in Code Section 13-9-3 are made. The maintenance or operation of a bucket shop is prohibited. Any person, either as agent or principal, who maintains or operates a bucket shop shall be […]

§ 13-9-7. Effect of Conflict Between Provisions of Chapter and Uniform Commercial Code

In the event of a conflict between this chapter and Title 11, the “Uniform Commercial Code,” the Uniform Commercial Code shall control.