24-13-3-4. Authorization of Other Enforcement Actions by the Attorney General or a Prosecuting Attorney
Sec. 4. This chapter does not bar the attorney general or a prosecuting attorney from proceeding under any other provision of law against a pyramid promotional scheme or any person involved with a pyramid promotional scheme. As added by P.L.105-2017, SEC.3.
24-13-3-5. Administrative Rules
Sec. 5. The attorney general shall adopt rules under IC 4-22-2 necessary to administer and implement this chapter. As added by P.L.105-2017, SEC.3.
24-13-4-1. Maximum Damages Under Private Cause of Action; Discretionary Treble Damages; Attorney’s Fees
Sec. 1. (a) A person may bring an action against a person who establishes, operates, promotes, or assists another to promote a pyramid promotional scheme for: (1) the damages actually suffered as a result of the pyramid promotional scheme; or (2) one thousand dollars ($1,000); whichever is greater. (b) The court may increase damages awarded […]
24-13-4-2. Class Actions
Sec. 2. (a) A person who is entitled to bring an action on the person’s own behalf under section 1 of this chapter may bring a class action on behalf of any class of persons of which the person is a member and that has been damaged by the pyramid promotional scheme, subject to and […]
24-13-5-1. Circumstances Under Which This Article May Not Be Construed to Prohibit a Plan or Operation as a Pyramid Promotional Scheme
Sec. 1. This article may not be construed to prohibit a plan or operation, or to define a plan or operation as a pyramid promotional scheme, based on the fact that participants in the plan or operation give consideration in return for the right to receive compensation based upon purchases of goods, services, or intangible […]
24-13-5-2. Required Disclosures About Appropriate Inventory Repurchase Programs
Sec. 2. An entity must clearly describe an appropriate inventory repurchase program in its recruiting literature, sales manual, or contracts with independent salespersons. The recruiting literature, sales manual, or contract must disclose any inventory that is not eligible for repurchase under the program. As added by P.L.105-2017, SEC.3.
24-13-1-4. “Compensation”
Sec. 4. “Compensation” means a payment of any money, thing of value, or financial benefit conferred in return for inducing another person to participate in a pyramid promotional scheme. As added by P.L.105-2017, SEC.3.
24-13-5-3. Inventory Exempted From Appropriate Inventory Repurchase Programs
Sec. 3. An appropriate inventory repurchase program is not required to apply to inventory that: (1) is no longer within the inventory’s commercially reasonable use or shelf life period; or (2) has been used or opened. As added by P.L.105-2017, SEC.3.
24-13-1-5. “Consideration”
Sec. 5. “Consideration” means the payment of cash or the purchase of goods, services, or intangible property. The term does not include the purchase of goods or services furnished at cost to be used in making sales and not for resale, or time and effort spent in pursuit of sales or recruiting activities. As added […]
24-13-5-4. Required Disclosure of Inventory Exempted From Appropriate Inventory Repurchase Programs
Sec. 4. An entity must clearly describe to a salesperson, prior to purchase, inventory that is excluded from the entity’s appropriate inventory repurchase program as seasonal, discontinued, or special promotion products not subject to the entity’s appropriate inventory repurchase program. As added by P.L.105-2017, SEC.3.