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Title 7 — Agriculture

Chapter 1 — Commodity Exchanges

§ 11. Vacation on request of designation or registration as “registered entity”; redesignation or reregistration

Statutory text

Any person that has been designated or registered a registered entity in the manner provided in this chapter may have such designation or registration vacated and set aside by giving notice in writing to the Commission requesting that its designation or registration as a registered entity be vacated, which notice shall be served at least ninety days prior to the date named therein as the date when the vacation of designation or registration shall take effect. Upon receipt of such notice the Commission shall forthwith order the vacation of the designation or registration of the registered entity, effective upon the day named in the notice, and shall forthwith send a copy of the notice and its order to all other registered entities. From and after the date upon which the vacation became effective the said person can thereafter be designated or registered again a registered entity by making application to the Commission in the manner in this chapter provided for an original application.

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

  1. Pub. L. 67–369 § 7 · 42 Stat. 998

    Enacted · 7 U.S.C. § 11

    Sept. 21, 1922, ch. 369, § 7, 42 Stat. 1002

    Source evidence

    Code source credit
    Sept. 21, 1922, ch. 369, § 7, 42 Stat. 1002

    Enacted provision · exact public law section
    Sec. 7. Any board of trade that has been designated a contract market in the manner herein provided may have such designation vacated and set aside by giving notice in writing to the Secretary of Agriculture requesting that its designation as a contract market be vacated, which notice shall be served at least ninety days prior to the date named therein as the date when the vacation of designation Issue of order, etc. shall take effect. Upon receipt of such notice the Secretary of Agriculture shall forthwith order the vacation of the designation of such board of trade as a contract market, effective upon the day named in the notice, and shall forthwith send a copy of the notice and his order Redesignation allowed on application for. to all other contract markets. From and after the date upon which the vacation became effective the said board of trade can thereafter be designated again a contract market by making application to the Secretary of Agriculture in the manner herein provided for an original application.

  2. Commodity Futures Trading Commission Act of 1974

    Pub. L. 93–463 title I § 103(a) · 88 Stat. 1389

    1. Substituted · 7 U.S.C. § 11

      Pub. L. 93–463 substituted “Commission” for “Secretary of Agriculture”

    2. Substituted · 7 U.S.C. § 11

      Pub. L. 93–463 substituted “its order” for “his order”

    Source evidence

    Code amendment note
    Pub. L. 93–463 substituted “Commission” for “Secretary of Agriculture” and “its order” for “his order”.

    Enacted provision · exact public law section
    (a) By 7 USC 6, 6a, 6c–6g, 6i, 7, 7a, 8, 9, 11, 12, 12–1, 12a, 12b, 13b, 16. striking the word “Secretary” and the words “Secretary of Agriculture” wherever such words appear therein (except where the words “Secretary of Agriculture” first appear in section 5(a)(7 U.S.C. 7) or where said words would be stricken by subsection (b), (c), or (d) of this section) and by inserting in lieu thereof the word “Commission”.

    Effective date note
    For effective date of amendment by Pub. L. 93–463, see section 418 of Pub. L. 93–463, set out as a note under section 2 of this title.

  3. Consolidated Appropriations Act, 2001

    Pub. L. 106–554 § 1(a)(5)(tI)(s123)(a)(17) · 114 Stat. 2763

    1. Substituted · 7 U.S.C. § 11

      Pub. L. 106–554, in first sentence, substituted “person” for “board of trade”

    2. Inserted · 7 U.S.C. § 11

      Pub. L. 106–554, in first sentence, inserted “or registered” after “designated”

    3. Inserted · 7 U.S.C. § 11

      Pub. L. 106–554, in first sentence, inserted “or registration” after “designation” wherever appearing

    4. Substituted · 7 U.S.C. § 11

      Pub. L. 106–554, in first sentence, substituted “registered entity” for “contract market” in two places, in second sentence

    5. Substituted · 7 U.S.C. § 11

      Pub. L. 106–554, in first sentence, substituted “designation or registration of the registered entity” for “designation of such board of trade as a contract market” and, in last sentence

    6. Substituted · 7 U.S.C. § 11

      Pub. L. 106–554, in first sentence, substituted “registered entities” for “contract markets” and, in last sentence

    7. Substituted · 7 U.S.C. § 11

      Pub. L. 106–554, in first sentence, substituted “designated or registered again a registered entity” for “designated again a contract market”

    Source evidence

    Code amendment note
    Pub. L. 106–554, in first sentence, substituted “person” for “board of trade”, inserted “or registered” after “designated”, inserted “or registration” after “designation” wherever appearing, and substituted “registered entity” for “contract market” in two places, in second sentence, substituted “designation or registration of the registered entity” for “designation of such board of trade as a contract market” and “registered entities” for “contract markets”, and, in last sentence, substituted “person” for “board of trade” and “designated or registered again a registered entity” for “designated again a contract market”.

    Enacted provision · exact public law section
    (5) H.R. 5660, as introduced on December 14, 2000.

10 of 10 references resolved to an enrolled provision

Editorial Notes

Amendments1974–2000 · 2 rounds

2000

Pub. L. 106–554, in first sentence, substituted “person” for “board of trade”, inserted “or registered” after “designated”, inserted “or registration” after “designation” wherever appearing, and substituted “registered entity” for “contract market” in two places, in second sentence, substituted “designation or registration of the registered entity” for “designation of such board of trade as a contract market” and “registered entities” for “contract markets”, and, in last sentence, substituted “person” for “board of trade” and “designated or registered again a registered entity” for “designated again a contract market”.

1974

Pub. L. 93–463 substituted “Commission” for “Secretary of Agriculture” and “its order” for “his order”.

Statutory Notes and Related Subsidiaries

Effective Date of 1974 Amendment

For effective date of amendment by Pub. L. 93–463, see section 418 of Pub. L. 93–463, set out as a note under section 2 of this title.

Credits

1922–2000 · 3 acts
  1. 1922Sept. 21, 1922, ch. 369, § 7, 42 Stat. 1002
  2. 1974Pub. L. 93–463, title I, § 103(a), (e), , 88 Stat. 1392
  3. 2000Pub. L. 106–554, § 1(a)(5) [title I, § 123(a)(17)], , 114 Stat. 2763, 2763A–409.
Show as published

(Sept. 21, 1922, ch. 369, § 7, 42 Stat. 1002; Pub. L. 93–463, title I, § 103(a), (e), , 88 Stat. 1392; Pub. L. 106–554, § 1(a)(5) [title I, § 123(a)(17)], , 114 Stat. 2763, 2763A–409.)

Parsed from the official OLRC USLM XML in data/usc_all/usc07.xml · release point 119-108 · OLRC build 2026-09-09

USLM identifier /us/usc/t7/s11