44-1655. Making or offering to make future
contract; classification; defense
A. A person who makes or offers to make for himself a future contract is guilty of
a class 3 misdemeanor.
B. It may be shown in defense of a prosecution under this section that the
transaction out of which the prosecution arose was a "hedging" contract between parties
in this state and parties without the state, and if such contract was made wholly or in
part by a message sent by telegraph or telephone, that such message was delivered to the
person sending it by the defendant himself, and not through or by any broker or agent,
and that the person rendering the service was a common carrier, exclusively engaged as a
common carrier with no connection with or interest in such transaction other than the
transmission of the message and receiving the charges therefor which are not in excess of
the usual rate for commission messages between the points of transmission and receipt of
such message.
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