Montana § 30-10-325 Operating Pyramid Promotional Scheme Unlawful

Montana Statutes

§ 30-10-325 — Operating Pyramid Promotional Scheme Unlawful

Montana·Title 30 TRADE AND COMMERCE·Ch. 10 SECURITIES REGULATION·Part 3 Offenses, Penalties, and Immunities

30-10-325 . Operating pyramid promotional scheme unlawful.

(1)A person may not conduct or promote or cause to be conducted or promoted a pyramid promotional scheme.

(2)A person who willfully violates the provisions of subsection (1) shall, for each participant giving consideration, be fined an amount not more than $100,000 or be imprisoned for not more than 10 years, or both.

(3)A person who violates the provisions of subsection (1) shall, for each participant giving consideration, be assessed a civil penalty in an administrative proceeding in an amount not to exceed $10,000.

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30-10-325 . Operating pyramid promotional scheme unlawful. (1) A person may not conduct or promote or cause to be conducted or promoted a pyramid promotional scheme.
(2) A person who willfully violates the provisions of subsection (1) shall, for each participant giving consideration, be fined an amount not more than $100,000 or be imprisoned for not more than 10 years, or both.
(3) A person who violates the provisions of subsection (1) shall, for each participant giving consideration, be assessed a civil penalty in an administrative proceeding in an amount not to exceed $10,000.

Montana § 30-10-325 (Operating Pyramid Promotional Scheme Unlawful) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.