Wyoming Statutes
§ 40-3-104 — Prohibitions and requirements
Every multilevel distribution company shall provide in its
contract of participation that the contract may be cancelled for
any reason at any time by a participant upon notification in
writing to the company of his election to cancel. If the
participant has purchased products while the contract of
participation was in effect, all unencumbered products in a
resalable condition then in the possession of the participant
shall be repurchased by the multilevel distribution company. The
repurchase shall be at a price of not less than ninety percent
(90%) of the original net cost to the participant returning such
goods, taking into account any sales made by or through such
participant prior to notification to the company of the election
to cancel.
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Nearby Sections
15
§ 40-3-101
Short title§ 40-3-102
Definitions§ 40-3-104
Prohibitions and requirements§ 40-3-105
Restrictions on marketing programs§ 40-3-108
Licensed activities excluded§ 40-3-111
Investigatory powers§ 40-3-112
Service of process§ 40-3-113
Venue of action for injunctive relief