{"data":{"id":"us-ky/krs-367.832","jurisdiction":"us-ky","citation":"KRS 367.832","heading":"Pyramid distribution plan prohibited.","body":"(1) It is hereby declared unlawful for any person to establish, promote, operate, or\nparticipate in any pyramid distribution plan.\n(2) A limitation as to the number of persons who may participate or the presence of\nadditional conditions affecting eligibility f or the opportunity to receive\ncompensation under the plan does not change the identity of the plan as a pyramid\ndistribution plan nor is it a defense under this section that a participant, on giving\nconsideration, obtains goods, services or intangible prop erty in addition to the right\nto receive compensation.","path":["KRS Chapter 367"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=35079","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:59:05Z","sha256":"7e603aa778a2f5384e3a486a90fb2fb7d66bf498846792914ce1be0439536b7e","source_id":"us-ky","stale":false,"prev":"us-ky/krs-367.830","next":"us-ky/krs-367.834"},"notice":"GroundRules: Original legal text. Not legal advice."}