Arizona Statutes
§ 44-1655 — Making or offering to make future contract; classification; defense
Arizona·Title 44 Arizona Revised Statutes·Ch. 11 REGULATIONS CONCERNING PARTICULAR BUSINESSES·Art. 4 Future Contracts and Bucket Shops
A.A person who makes or offers to make for himself a future contract is guilty of a class 3 misdemeanor.
B.It may be shown in defense of a prosecution under this section that the transaction out of which the prosecution arose was a "hedging" contract between parties in this state and parties without the state, and if such contract was made wholly or in part by a message sent by telegraph or telephone, that such message was delivered to the person sending it by the defendant himself, and not through or by any broker or agent, and that the person rendering the service was a common carrier, exclusively engaged as a common carrier with no connection with or interest in such transaction other than the transmission of the message and receiving the charges therefor which are not in excess of t
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Nearby Sections
15
§ 44-1001
Definitions§ 44-1002
Insolvency§ 44-1003
Value§ 44-1007
Remedies of creditors§ 44-1009
Extinguishment of claim for relief§ 44-101
Statute of frauds§ 44-1010
Supplementary provisions