Tennessee § 47-18-1102 Knowingly establishing, promoting, or operating pyramid promotional scheme - Offense

Tennessee Statutes

§ 47-18-1102 — Knowingly establishing, promoting, or operating pyramid promotional scheme - Offense

Tennessee § 47-18-1102

Title47

This text of Tennessee § 47-18-1102 (Knowingly establishing, promoting, or operating pyramid promotional scheme - Offense) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tenn. Code Ann. § 47-18-1102 (2026).

Text

(1)It is an offense for any person to knowingly establish, promote, or operate any pyramid promotional scheme in this state.

(2)A limitation as to the number of persons who may participate or the presence of additional conditions affecting eligibility for the opportunity to receive compensation under the plan does not change the identity of the plan as a pyramid promotional scheme nor is it a defense under this section.

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(1) It is an offense for any person to knowingly establish, promote, or operate any pyramid promotional scheme in this state. (2) A limitation as to the number of persons who may participate or the presence of additional conditions affecting eligibility for the opportunity to receive compensation under the plan does not change the identity of the plan as a pyramid promotional scheme nor is it a defense under this section.