Indiana § 24-13-1-9 - "Pyramid promotional scheme"
Full text of Indiana Indiana Code § 24-13-1-9 — "Pyramid promotional scheme", with citation guidance and answers to common questions.
§ 24-13-1-9. "Pyramid promotional scheme"
Sec. 9. "Pyramid promotional scheme" means any plan or operation by which a person gives consideration for the opportunity to receive compensation that is derived primarily from the introduction of other persons into the plan or operation rather than from the sale and consumption of goods, services, or intangible property by a participant or other persons introduced into the plan or operation. The term includes any plan or operation under which the number of people who may participate is limited either expressly or by the application of conditions affecting the eligibility of a person to receive compensation under the plan or operation, or any plan or operation under which a person, on giving any consideration, obtains any goods, services, or intangible property in addition to the right to receive compensation.
As added by P.L.105-2017, SEC.3.
IC 24-13-2Chapter 2. Pyramid Promotional Schemes Prohibited
24-13-2-1Pyramid promotional scheme prohibited
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 24-13-1-9
What does Indiana Code § 24-13-1-9 cover?
Section 24-13-1-9 (""Pyramid promotional scheme"") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 24-13-1-9?
A common citation format is "Indiana Code § 24-13-1-9" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 24-13-1-9 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.