- § 10-1-410 - Definitions
As used in this part, the term: (1) "Agreement" means any agreement relating to a business opportunity or multilevel distribution company, including, but not...
- § 10-1-411 - Prohibited Activities by Multilevel Distribution Company or Participant in Marketing Program; Disclosure Statement
(a) No multilevel distribution company or participant in its marketing program shall: (1) Operate or, directly or indirectly, participate in the operation of any...
- § 10-1-412 - When Bond or Trust Account Required; Escrow Account Required
(a) Any business opportunity seller or company which represents, in conjunction with any agreement which requires a total initial payment of an amount exceeding...
- § 10-1-413 - Required Disclosures; Updating; Form of Notice
(a) Every multilevel distribution company intending to have participants in this state, with an agreement made in this state, or with its principal place...
- § 10-1-414 - Prohibited Acts by Sellers
Sellers shall not: (1) Represent that a business opportunity or multilevel program provides income or earning potential of any kind unless the seller has...
- § 10-1-415 - Contracts to Be in Writing; Delivery of Copy; Required Provisions; Cancellation Rights
(a) Every business opportunity or multilevel distribution contract shall be in writing, and a copy shall be given to the purchaser or participant at...
- § 10-1-416 - Appointment of Secretary of State As Agent for Service of Process
(a) Each seller numbering among its participants or purchasers any resident of this state, which has agreements made in this state, or which has...
- § 10-1-417 - Purchaser and Participant Remedies; Violations As Unfair or Deceptive Acts; Penalty
(a) If a business opportunity seller or multilevel distribution company uses any untrue or misleading statements; or fails to comply with Code Section 10-1-411;...
Last modified: October 14, 2016