Any contract of sale for the future delivery of cotton, grain, stocks, or other commodities, which is to be settled according to or upon the basis of the public market quotations or prices made on any board of trade, exchange or similar institutions, upon which contracts of sale for future delivery are executed and dealt in without any actual bona fide execution and the carrying out or discharge of such contracts upon the floor of such exchange, board of trade or similar institution, in accordance with the rules thereof, shall be null and void and unenforceable in any court of this state, and no action shall lie thereon at the suit of any party thereto.
Structure Mississippi Code
Title 87 - Contracts and Contractual Relations
Chapter 1 - Gambling and Future Contracts
§ 87-1-3. Transfer of property to secure or pay, inures to wife and children of loser
§ 87-1-5. Loser may sue and recover money or property lost; exceptions
§ 87-1-7. Limitation on application of Sections 87-1-1 through 87-1-5
§ 87-1-9. Future contracts; definitions
§ 87-1-11. Certain exchanges authorized
§ 87-1-13. Who may provide market quotations by wire
§ 87-1-17. Brokers may recover certain advances
§ 87-1-21. "Bucket shop" defined
§ 87-1-27. Gambling and future contracts; witnesses denied privilege against self incrimination
§ 87-1-29. Principal entitled to certain written information