Title 7, AgricultureRelease 119-102
§11 Vacation on Request of Designation or Registration as “registered Entity”; Redesignation or Reregistration
Title 7 › CHAPTER 1 — COMMODITY EXCHANGES › § 11
Summary
A registered entity may give the Commission written notice asking to cancel its registration. The notice must be served at least ninety days before the date chosen for cancellation. The Commission must promptly order the cancellation to take effect on that date and send copies to all other registered entities. Once effective, the person may reapply using the original application process.
Full Legal Text
Title 7, §11
Agriculture, Source: USLM XML via OLRC
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
Notes & Related Subsidiaries
Editorial Notes
Amendments
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 AmendmentFor
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.
Reference
Citations & Metadata
Citation
7 U.S.C. § 11
Title 7, Agriculture
Last Updated
Aug 21, 2026
Release point: 119-102