Indiana Statutes

§ 24-13-1-5 — "Consideration"

Indiana § 24-13-1-5
JurisdictionIndiana
Art. 13PYRAMID PROMOTIONAL SCHEMES
Ch. 1Definitions

This text of Indiana § 24-13-1-5 ("Consideration") is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 24-13-1-5 (2026).

Text

"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.

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Legislative History

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

Nearby Sections

15
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Bluebook (online)
Indiana § 24-13-1-5, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/24-13-1-5.