MCL - Act 186 of 2018


PYRAMID PROMOTIONAL SCHEME ACT

Act 186 of 2018

AN ACT to prohibit pyramid promotional schemes; to provide for the powers and duties of certain state and local governmental officers and entities; and to prescribe penalties and provide remedies.


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




The People of the State of Michigan enact:
Document Type Description
Section 445.2581 Section Short title.
Section 445.2582 Section Definitions.
Section 445.2583 Section Promotion or participation in pyramid promotional scheme; prohibition; penalties.
Section 445.2584 Section Reasonable cause; attorney general duties; cease and desist requirements; circuit court review.
Section 445.2585 Section Rebuttable presumption.
Section 445.2586 Section Attorney general investigation; written demand to appear; failure to comply; hearing; confidentiality.