{"data":{"id":"us-mi/mich.-comp.-laws-445.2583","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 445.2583","heading":"Promotion or participation in pyramid promotional scheme; prohibition; penalties.","body":"Sec. 3.\n\n(1) A person shall not promote or participate in a pyramid promotional scheme. A limitation as to the number of individuals who may participate or the presence of additional conditions affecting eligibility for the opportunity to receive compensation under a plan or operation does not change the identity of the plan or operation as a pyramid promotional scheme.\n\n(2) A person that promotes a pyramid promotional scheme is guilty of a felony punishable by 1 or more of the following:\n\n(a) Imprisonment for not more than 7 years.\n\n(b) A fine of not more than $10,000.00 per violation.\n\n(3) A person that knowingly participates in a pyramid promotional scheme is guilty of a misdemeanor punishable by imprisonment for not more than 90 days or a fine of not more than $1,000.00, or both.","path":["MI Code","Chapter 445","Act Act-186-of-2018"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-445-2583","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"2f15b715c8aad6145c7eb01903146e5f4495103d2cb8fca59ceffb72137de6ec","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-445.2582","next":"us-mi/mich.-comp.-laws-445.2584"},"notice":"GroundRules: Original legal text. Not legal advice."}