Rebuttable Presumption.

Checkout our iOS App for a better way to browser and research.

Sec. 5.

There is a rebuttable presumption that a plan or operation is not a pyramid promotional scheme if both of the following conditions are satisfied:

(a) The plan or operation does not cause inventory loading.

(b) The plan or operation implements an inventory repurchase program.

History: 2018, Act 186, Eff. Sept. 11, 2018


Download our app to see the most-to-date content.