Any person who promotes a pyramid promotional scheme shall be guilty of a Class B4 felony offense and, upon conviction, shall be punishable by a fine of not more than Ten Thousand Dollars ($10,000.00) or by imprisonment in the State Penitentiary for not more than ten (10) years, or by both such fine and imprisonment, for each violation of this act..

Laws 1995, HB 1338, c. 186, § 3, eff. November 1, 1995; Amended by Laws 1997, HB 1213, c. 133, § 285 (effective date amended to July 1, 1999, by Laws 1998, 1st Extr. Sess., HB 1002, c. 2, §§ 23-26, emerg. eff. June 19, 1998) (superseded document available); Amended by Laws 1999, 1st Extr. Sess., HB 1009, c. 5, § 187, emerg. eff. July 1, 1999 (superseded document available); Amended by Laws 2025, HB 2104, c. 486, § 113, eff. January 1, 2026 (superseded document available).