PYRAMID PROMOTIONAL SCHEME ACT (EXCERPT)
Act 186 of 2018
445.2585 Rebuttable presumption.Sec. 5.
There is a rebuttable presumption that a plan or operation is not a pyramid promotional scheme if both of the following conditions are satisfied:
(a) The plan or operation does not cause inventory loading.
(b) The plan or operation implements an inventory repurchase program.
History: 2018, Act 186, Eff. Sept. 11, 2018
Rendered 8/14/2025 10:21 PM
Michigan Compiled Laws Complete Through PA 5 of 2025
Courtesy of legislature.mi.gov