Indiana § 24-13-2-1 - Pyramid promotional scheme prohibited
Full text of Indiana Indiana Code § 24-13-2-1 — Pyramid promotional scheme prohibited, with citation guidance and answers to common questions.
§ 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.
As added by P.L.105-2017, SEC.3.
IC 24-13-3Chapter 3. Enforcement Powers of the Attorney General
24-13-3-1Attorney general authorized to issue cease and desist orders, bring court actions, and impose civil penalties 24-13-3-2Requests for hearing on cease and desist order; circuit court review 24-13-3-3Powers of the circuit court 24-13-3-4Authorization of other enforcement actions by the attorney general or a prosecuting attorney 24-13-3-5Administrative rules
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 24-13-2-1
What does Indiana Code § 24-13-2-1 cover?
Section 24-13-2-1 ("Pyramid promotional scheme prohibited") 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 § 24-13-2-1?
A common citation format is "Indiana Code § 24-13-2-1" (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 § 24-13-2-1 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.