(a) No person may purchase cotton on a forward contract from a cotton producer without first having registered with the commissioner as a cotton buyer.
(b) It shall be a misdemeanor to violate subsection (a) of this section and, upon conviction, the punishment imposed shall be as prescribed by law.
Structure Code of Alabama
Article 5 - Registration of Cotton Buyers.
Section 2-19-100 - Definitions.
Section 2-19-102 - Application; Fee.
Section 2-19-103 - Registration of Applicant by Commissioner.
Section 2-19-104 - Duration of Registration.
Section 2-19-105 - Publication, etc., by Commissioner of List of Registered Cotton Buyers.