TCA 40-13-218
Alleging dealing in futures
VIOLATIONViolation
What does this charge mean?
This statute concerns procedural rules for prosecuting cases involving illegal betting on futures contracts (predictions about future prices)—it is not itself describing an illegal act. The law simplifies how prosecutors can charge someone by allowing them to allege the defendant gambled or dealt in futures without naming the specific people involved in the dealings. The prosecutor just needs to reference which specific law was violated.
Penalty Details
ClassificationViolation
Penalty SummaryViolation
In all prosecutions for dealing in futures, no prosecutor shall be required and it is sufficient to charge that the defendant did game, wager or deal in futures, without setting forth with whom the defendant dealt, but the indictment or presentment shall charge a violation of some of the provisions of the section, either in terms or substance.
View on official sourceLast verified: Feb 25, 2026
Quick Facts
VIOLATION
TCA Section40-13-218