Arizona Laws 44-1653. Owner or manager of property permitting bucket shop; classification
Current as of: 2024 | Check for updates
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An owner or person managing or controlling property who knowingly rents or leases such property to be used as a bucket shop, or knowingly permits the property to be so used, is guilty of a class 2 misdemeanor.
Attorney's Note
Under the Arizona Laws, punishments for crimes depend on the classification. In the case of this section:| Class | Prison | Fine |
|---|---|---|
| Class 2 misdemeanor | up to 4 months | up to $750 |
Terms Used In Arizona Laws 44-1653
- Bucket shop: means any place wherein dealing in futures is carried on as defined in this section. See Arizona Laws 44-1651
- Person: means an individual, partnership, corporation, association, or any other entity of whatever kind or nature. See Arizona Laws 44-1691
- Property: includes both real and personal property. See Arizona Laws 1-215