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

Free access — add to your briefcase to read the full text and ask questions with AI

Arizona § 44-1655 (Making or offering to make future contract; classification; defense) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Nearby Sections

15
View on official source ↗