Mich. Comp. Laws § 445.2585

Current through Public Act 148 of the 2024 Legislative Session

Section 445.2585 - Rebuttable presumption

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.

MCL 445.2585

Added by 2018, Act 186,s 5, eff. 9/11/2018.