A.R.S. § 42-11122 — Exemption for trading commodities

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.