Making or assisting in making contracts when actual delivery not contemplated or operating bucket shop; penalty.

Checkout our iOS App for a better way to browser and research.

Any person who, either as agent or principal, enters into or assists in making any contract of sale of the sort or character denounced in Section 32-1-220 for the future delivery of cotton, grain, stocks or other commodities or who maintains a bucket shop shall be guilty of a misdemeanor and upon conviction shall be imprisoned in the penitentiary not exceeding two years.

HISTORY: 1962 Code Section 11-68; 1952 Code Section 11-68; 1942 Code Section 6318; 1932 Code Section 6318; 1928 (35) 1321; 1960 (51) 1602.


Download our app to see the most-to-date content.