17 CFR 260.11b-4
§ 260.11b-4 Definition of “cash transaction” in section 311(b)(4).
United States · 17 CFR — Commodity and Securities Exchanges · Status: effective
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- Citation
- 17 CFR 260.11b-4, § 260.11b-4 Definition of “cash transaction” in section 311(b)(4), United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/69884
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Full text
The term “cash transaction”, as used in section 311(b)(4), means any transaction in which full payment for goods or securities sold is made within 7 days after delivery of the goods or securities in currency or in checks or other orders drawn upon banks or bankers and payable upon demand.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.