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Form a Business

Rebuttable presumption.

MCL 445.2585
in effect
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445.2585. Rebuttable presumption. Sec. 5. There is a rebuttable presumption that a plan or operation is not a pyramid promotional scheme if both of the following conditions are satisfied: (a) The plan or operation does not cause inventory loading. (b) The plan or operation implements an inventory repurchase program. 2018, Act 186, Eff. Sept. 11, 2018
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-445-2585Fetched: 10/20/2026

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