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Can you summarize CORS 11-53-107?
REGULATION OF COMMODITY SALES - UNLAWFUL ACTIVITIES > Fraudulent conduct.
Short Summary
This legal document, part of the Colorado Revised Statutes, specifically addresses fraudulent conduct in relation to commodity contracts or commodity options. It prohibits any person, directly or indirectly involved in the purchase or sale of such contracts or options, from engaging in fraudulent activities. These activities include cheating or defrauding others, making false reports or statements, engaging in fraudulent transactions or practices, and misappropriating or converting the funds or property of others. The document does not provide specific penalties for non-compliance or violation. It is applicable to all persons involved in the purchase or sale of commodity contracts or commodity options.
Whom does it apply to?
All persons involved in the purchase or sale of commodity contracts or commodity options
What does it govern?
Fraudulent conduct in relation to commodity contracts or commodity options
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
Not specified.
Jurisdiction
Colorado