Okla. Stat. tit. 15, § 15-564
This is the official text of Okla. Stat. tit. 15, § 15-564, part of Oklahoma’s Stat. tit. 15, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 15,." Browse the sections below, each linked to its official government source.
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Contract of sale - When invalid
Official statutory text
Any contract of sale for the future delivery of cotton, grain,
stocks or other commodities, which is to be settled according to or
upon the basis of the public market quotations or prices made on any
board of trade, exchange or similar institutions, upon which
contracts of sale for future delivery are executed and dealt in
without any actual bonifide execution and the carrying out or
discharge of such contracts upon the floor of such exchange, board
of trade, or similar institution in accordance with the rules
thereof, shall be null and void and unenforceable in any court of
this state, and no action shall lie thereon at the suit of any party
thereto.
stocks or other commodities, which is to be settled according to or
upon the basis of the public market quotations or prices made on any
board of trade, exchange or similar institutions, upon which
contracts of sale for future delivery are executed and dealt in
without any actual bonifide execution and the carrying out or
discharge of such contracts upon the floor of such exchange, board
of trade, or similar institution in accordance with the rules
thereof, shall be null and void and unenforceable in any court of
this state, and no action shall lie thereon at the suit of any party
thereto.
Status: in_force · Read it on the official government site
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