§ 16-5. Opening office for sales of "futures" misdemeanor.
87 words·~1 min read·
/nc/chapter-16/16-5A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 16-5. Opening office for sales of "futures" misdemeanor.
If any person, corporation or other association of persons, either as principal or agent, shall establish or open an office or place of business in this State for the purpose of carrying on or engaging in making such contracts as are forbidden in this Article, he shall be guilty of a Class 1 misdemeanor. (1905, c. 538, ss. 1, 2; Rev., s. 3825; C.S., s. 2148; 1993, c. 539, s. 305; 1994, Ex. Sess., c. 24, s. 14(c).)