Washington § 9.47.080 - Bucket shop defined.

Full text of Washington Revised Code of Washington § 9.47.080 — Bucket shop defined., with citation guidance and answers to common questions.

§ 9.47.080. Bucket shop defined.

A bucket shop is hereby defined to be a shed, tent, tenement, booth, building, float or vessel, or any part thereof, wherein may be made contracts respecting the purchase or sale upon margin or credit of any commodities, securities, or property, or option for the purchase thereof, wherein both parties intend that such contract shall or may be terminated, closed and settled; either,
(1) Upon the basis of the market prices quoted or made on any board of trade or exchange upon which such commodities, securities, or property may be dealt in; or,
(2) When the market prices for such commodities, securities or property shall reach a certain figure in any such board of trade or exchange; or,
(3) On the basis of the difference in the market prices at which said commodities, securities or property are, or purport to be, bought and sold.
[ 1909 c 249 s 223; RRS s 2475.]

Notes

Securities and investments: Title 21 RCW.

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Frequently Asked Questions About Washington § 9.47.080

What does Revised Code of Washington § 9.47.080 cover?

Section 9.47.080 ("Bucket shop defined.") is part of the Revised Code of Washington, the codified statutory law of Washington. 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 Washington § 9.47.080?

A common citation format is "Revised Code of Washington § 9.47.080" (Washington). 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 Washington law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Washington official source linked on this page or consult a licensed Washington attorney.

How does Washington § 9.47.080 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Washington can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

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