Legal Question in Civil Rights Law in Colorado
Colorado State Law regarding Pyramid oprations, and definition of
I am attempting to find the legal definition of "Pyramid Organizations", and I am attempting to find the actual state statute regarding this topic, as well as past cases to refer to and read regarding this subject.
1 Answer from Attorneys
Re: Colorado State Law regarding Pyramid oprations, and definition of
Check CRS 6-1-102 and annotations.
"Pyramid promotional scheme" means any program utilizing a pyramid or chain process by which a participant in the program gives a valuable consideration in excess of fifty dollars for the opportunity or right to receive compensation or other things of value in return for inducing other persons to become participants for the purpose of gaining new participants in the program. Ordinary sales of goods or services to persons who are not purchasing in order to participate in such a scheme are not within this definition.
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