No telephone solicitor that intends to represent or cause to be represented, expressly or impliedly, to a purchaser that the purchaser is or may be eligible to receive a gift, award, or prize, however denominated, shall fail to submit to the attorney general, any later than fourteen days prior to first making that representation, a statement setting forth all of the following, for each item mentioned:
- (A) A description of the item;
- (B) The item's verifiable market value and the basis for the valuation;
- (C) All terms and conditions a purchaser must satisfy in order to receive the item. The statement shall be accompanied by a copy of the written confirmation provided to purchasers pursuant to section 4719.07 of the Revised Code.
- (D) Verification that no payment or purchase of any kind is required to win a prize or to participate in a prize promotion, and a description of the no-purchase or no-payment method of participating in the prize promotion;
(E)
- (1) If they are ascertainable, the odds, for a given purchaser, of receiving the item;
- (2) If the odds are not ascertainable, all the factors and methods used in calculating the odds.
(F) If a purchaser is to receive fewer than all the items described by the seller:
- (1) The manner in which the telephone solicitor decides which item a given purchaser is to receive;
(2)
- (a) If they are ascertainable, the odds, for a given purchaser, of receiving each item described;
- (b) If the odds are not ascertainable, all the factors and methods used in calculating the odds.
- (3) The name, address, and telephone number of each person that, during the preceding twelve months or any portion of that twelve-month period in which the telephone solicitor has done business, has received each gift, award, or prize.