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Code · Arizona · Title 42 — Public Utilities and Carriers and Energy Programs

42-11122. Exemption for trading commodities

57 words·~1 min read·/az/title-42/42-11122

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

A commodity, as defined in 7 United States Code section 2, that is consigned for resale in a warehouse in this state in or from which the commodity is deliverable on a contract for future delivery subject to the rules of a commodity market regulated by the United States commodity futures trading commission is exempt from taxation.
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