Kansas Statutes

Chapter 2: Agriculture

Article 16: Board Of Trade

Statutes:

• 2-1601: "Board of trade" defined.
• 2-1602: Dealing in futures.
• 2-1603: Contract market.
• 2-1604: Membership.
• 2-1605 to 2-1611:

• 2-1601: "Board of trade" defined. The term "board of trade" means and includes any exchange or association, incorporated or not, of persons who are engaged in the business of buying or selling grain or receiving the same for sale on consignment.

        History:   L. 1925, ch. 6, § 1; Feb. 23.

• 2-1602: Dealing in futures. All transactions in grain, including and involving the sale thereof for future delivery, as commonly conducted on boards of trade, and known as "futures" are affected with a public interest.

        History:   L. 1925, ch. 6, § 2; Feb. 23.

• 2-1603: Contract market. All boards of trade which have not been designated a contract market by the secretary of agriculture under the act of congress are hereby declared to be and are designated as "a contract market" and affected with a public interest.

        History:   L. 1925, ch. 6, § 3; Feb. 23.

• 2-1604: Membership. No board of trade shall exclude from, or refuse membership therein, nor deny any of the privileges thereof to any duly authorized representative of any lawfully formed and conducted co-operative association of producers, having adequate financial responsibility, which is engaged in cash grain business if such co-operative association has complied with such terms and conditions as are, or may be, imposed lawfully on other members of such board: Provided, That no rule of a board of trade or contract market shall forbid or be construed to forbid the return on any patronage basis by such co-operative association to bona fide members, of moneys collected or made in excess of the expense of conducting the business of such association.

        History:   L. 1925, ch. 6, § 4; Feb. 23.

• 2-1605 to 2-1611:

        History:   L. 1978, ch. 201, §§ 1 to 7; April 11.