Nevada § 598.100 Definitions

Nevada Statutes

§ 598.100 — Definitions

Nevada § 598.100

Title 52TRADE REGULATIONS AND PRACTICES

Ch. 598Deceptive

PYRAMID PROMOTIONAL SCHEMES; ENDLESS CHAINS

This text of Nevada § 598.100 (Definitions) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 598.100 (2026).

Text

For the purposes of NRS 598.100 to 598.130, inclusive:

1.“Compensation” does not mean payment based on sales of goods or services to persons who are not participants in a pyramid promotional scheme or endless chain and who are not purchasing in order to participate in such a program.

2.“Promotes” means inducing one or more other persons to become a participant in a pyramid promotional scheme or endless chain.

3.A “pyramid promotional scheme” means any program or plan for the disposal or distribution of property and merchandise or property or merchandise by which a participant gives or pays a valuable consideration for the opportunity or chance to receive any compensation or thing of value in return for procuring or obtaining one or more additional persons to participate in the program,

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

For the purposes of NRS 598.100 to 598.130, inclusive:
1. “Compensation” does not mean payment based on sales of goods or services to persons who are not participants in a pyramid promotional scheme or endless chain and who are not purchasing in order to participate in such a program.
2. “Promotes” means inducing one or more other persons to become a participant in a pyramid promotional scheme or endless chain.
3. A “pyramid promotional scheme” means any program or plan for the disposal or distribution of property and merchandise or property or merchandise by which a participant gives or pays a valuable consideration for the opportunity or chance to receive any compensation or thing of value in return for procuring or obtaining one or more additional persons to participate in the program, or for the opportunity to receive compensation of any kind when a person introduced to the program or plan by the participant procures or obtains a new participant in such a program.