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Bill Title: Pyramid promotional schemes. Removes references to pyramid promotional schemes in the deceptive consumer sales law and addresses pyramid promotional schemes in a separate law. Provides that a person may not establish, promote, operate, or participate in a pyramid promotional scheme. Specifies the enforcement powers of the attorney general with respect to a person who establishes, operates, or promotes a pyramid promotional scheme. Provides for a private cause of action for a consumer deceived by a pyramid promotional scheme. Provides that, in certain circumstances, the burden of showing that a person benefitted from a pyramid scheme lies with the plan or

Spectrum: Moderate Partisan Bill (Republican 4-1)

Status: (Passed) 2017-04-21 - Public Law 105 [SB0283 Detail]

Download: Indiana-2017-SB0283-Enrolled.pdf

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