Arizona § 42-11122 - Exemption for trading commodities
Full text of Arizona Arizona Revised Statutes § 42-11122 — Exemption for trading commodities, with citation guidance and answers to common questions.
§ 42-11122. Exemption for trading commodities
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.
Frequently Asked Questions About Arizona § 42-11122
What does Arizona Revised Statutes § 42-11122 cover?
Section 42-11122 ("Exemption for trading commodities") is part of the Arizona Revised Statutes, the codified statutory law of Arizona. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arizona § 42-11122?
A common citation format is "Arizona Revised Statutes § 42-11122" (Arizona). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arizona law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arizona official source linked on this page or consult a licensed Arizona attorney.
How does Arizona § 42-11122 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arizona can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arizona.