Indiana Statutes

§ 24-13-1-5 — "Consideration"

Indiana·Art. 13 PYRAMID PROMOTIONAL SCHEMES·Ch. 1 Definitions
"Consideration" means the payment of cash or the purchase of goods, services, or intangible property. The term does not include the purchase of goods or services furnished at cost to be used in making sales and not for resale, or time and effort spent in pursuit of sales or recruiting activities.

Free access — add to your briefcase to read the full text and ask questions with AI

Indiana § 24-13-1-5 ("Consideration") — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

As added by P.L.105-2017, SEC.3.

Nearby Sections

15
View on official source ↗