- (1) A multi-level marketing program, investment program, membership, or other similar program designed or represented to produce or provide funds to pay any part of the cost of insurance constitutes an unfair inducement.
- (2) A bona fide employee benefit program is not an unfair inducement.
KEY: insurance, unfair marketing practices, misleading names
Date of Last Change: January 10, 2022
Notice of Continuation: March 13, 2023
Authorizing, and Implemented or Interpreted Law: 31A-2-201; 31A-23a-402; 31A-23a-110