Arizona § 44-1733 Sale or contract for sale of interest in pyramid promotional scheme voidable

Arizona Statutes

§ 44-1733 — Sale or contract for sale of interest in pyramid promotional scheme voidable

Arizona § 44-1733

Title 44Arizona Revised Statutes

Ch. 11REGULATIONS CONCERNING PARTICULAR BUSINESSES

Art. 9Pyramid Promotional Schemes

This text of Arizona § 44-1733 (Sale or contract for sale of interest in pyramid promotional scheme voidable) is published on Counsel Stack Legal Research, covering Arizona primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ariz. Rev. Stat. Ann. § 44-1733 (2026).

Text

Any purchaser in a pyramid promotional scheme may, notwithstanding any agreement to the contrary, declare the related sale or contract for sale void, and he may bring an action in a court of competent jurisdiction to recover the consideration he paid to participate in the scheme. In such action the court shall, in addition to any judgment awarded to the plaintiff, require the defendant to pay interest, reasonable attorneys' fees and the costs of the action, less any money paid to the plaintiff as profit in the transaction.

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Any purchaser in a pyramid promotional scheme may, notwithstanding any agreement to the contrary, declare the related sale or contract for sale void, and he may bring an action in a court of competent jurisdiction to recover the consideration he paid to participate in the scheme. In such action the court shall, in addition to any judgment awarded to the plaintiff, require the defendant to pay interest, reasonable attorneys' fees and the costs of the action, less any money paid to the plaintiff as profit in the transaction.