If any person shall consent while in this state to become a party to any futures contract contrary to Section 8-1-126, made in another state, or if any person shall become, as agent of any person or corporation, a party to any such contract made in another state or in this state do any act or in any way aid in the making or furthering such contract so made in another state, he shall be guilty of a misdemeanor and, on conviction, shall be fined not less than $50 nor more than $200 and may be sentenced to hard labor for not less than one month nor more than six months.
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.