24-13-2-1. Pyramid Promotional Scheme Prohibited
Sec. 1. A person may not establish, promote, or operate any pyramid promotional scheme. A limitation as to the number of persons who may participate or the presence of additional conditions affecting eligibility for the opportunity to receive compensation under the plan does not change the identity of the plan as a pyramid promotional scheme. […]
24-13-3-1. Attorney General Authorized to Issue Cease and Desist Orders, Bring Court Actions, and Impose Civil Penalties
Sec. 1. (a) If the attorney general has reasonable cause to believe that a person has engaged or is about to engage in any act or practice constituting a violation of any provision of this article, or any order issued under this article, the attorney general may do any of the following: (1) Issue a […]
24-13-3-2. Requests for Hearing on Cease and Desist Order; Circuit Court Review
Sec. 2. (a) A person named in a cease and desist order issued under this article must be notified of the person’s right to file, within fifteen (15) days after the receipt of the order, a written notice for a hearing. If the attorney general does not receive a written request for a hearing within […]
24-13-3-3. Powers of the Circuit Court
Sec. 3. (a) Upon a proper showing to the appropriate circuit court, a permanent injunction, temporary injunction, restraining order, or writ of mandamus may be granted and a receiver or conservator may be appointed for the person alleged to have violated this article or the assets of the person alleged to have violated this article. […]
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.