Bill Text: IN SB0283 | 2017 | Regular Session | Engrossed
NOTE: There are more recent revisions of this legislation. Read Latest Draft
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-Engrossed.pdf
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-Engrossed.pdf
