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:
ClassPrisonFine
Class 2 misdemeanorup to 4 monthsup to $750
For details, see § 13-707

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