Proof of the fact that any contract for the future delivery of cotton was not made subject to the provisions of any federal statute relating thereto, including such amendments as may hereafter be made to such statutes by Congress, shall be prima facie evidence of an illegal contract declared void by this article.
Structure Code of Alabama
Title 8 - Commercial Law and Consumer Protection.
Section 8-1-120 - Definitions.
Section 8-1-121 - Certain Contracts for Future Delivery Void; Exceptions.
Section 8-1-123 - Failure to Deliver After Deposit of Margins Prima Facie Evidence of Void Contract.
Section 8-1-127 - Futures Contracts Made in Another State.
Section 8-1-128 - Establishing Office to Engage in Business of "Futures".
Section 8-1-131 - Money Paid on Illegal Contract May Be Recovered.