Arizona Revised Statutes (Last Updated: March 31, 2016) |
Title 44. Trade and Commerce |
Chapter 11. REGULATIONS CONCERNING PARTICULAR BUSINESSES |
Article 9. Pyramid Promotional Schemes |
Sec 44-1735. Pyramid promotional scheme; prohibition; defenses excluded
Latest version.
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A. A person shall not establish, operate, advertise or promote a pyramid promotional scheme.
B. 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 or operation does not change the identity of the scheme as a pyramid promotional scheme nor is it a defense under this article that a participant, on giving consideration, obtains any goods, services or intangible property in addition to the right to receive compensation.