How is Intrastate commerce defined in a legal contract?
- Intrastate commerce means commerce or trade that is started, continued, and finished completely within the limits of a state. The term also designates the moment at which the first sale and delivery of a commodity is made within the state, the delivery being made either directly to the buyer or to a common carrier for shipment to the buyer. Seen in 29 SEC filings
- Intrastate commerce means any trade, traffic, or transportation in a state that isn't classified as ""interstate commerce"" and is fully conducted within a state. Seen in 21 SEC filings
- Intrastate commerce means trade, traffic, or transportation within a state that isn't classified as interstate commerce. Seen in 11 SEC filings
- Intrastate commerce means commerce between points and across a route, or within a territory, wholly within a state and is not part of a prior or subsequent movement to or from points outside of this state in interstate or foreign commerce. Seen in 9 SEC filings
- Intrastate commerce means commerce within a state. Seen in 8 SEC filings
- Intrastate commerce means any goods or products in intrastate commerce, whether such goods or products are intended for sale, held for sale, offered for sale, sold, stored, transported, or handled within a state in any manner for eventual distribution in this state, whether at wholesale or retail. Seen in 8 SEC filings
- Intrastate commerce means commerce within a state. Seen in 6 SEC filings
Note: pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
- Intrastate commerce means the full cycle of trade, transport, or traffic within the borders of a [state], excluding interstate or international interactions.
Relevant Contract Types
Relevant Circumstances
- The establishment of a new business operating within a single state
- Companies dealing with goods or services distributed strictly within a state's borders
- Businesses assessing their operational regulations within a state based on commerce laws
- Transport and logistics companies operating exclusively within a state
- Local businesses planning expansion within the same state
Relevant Sectors
Genie Definition 2
- Intrastate commerce means goods or products prepared within a [state] for sale or distribution, wholesale or retail, within the same [state].
Relevant Contract Types
Relevant Circumstances
- Businesses involved in the distribution of local goods or products
- Retailers that sell products strictly within the boundaries of a state
- Companies producing goods for sale or distribution only within their home state
- Franchise businesses operating in a single state
Relevant Sectors
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Intrastate commerce means the full cycle of trade, transport, or traffic within the borders of a [state], excluding interstate or international interactions
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