Title 51 — Sales and Exchanges
45 chapters · 316 sections in this title.
N.D.C.C. § 51-16.1-01 Definitions
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As used in this chapter, unless the context or subject matter otherwise requires: 1. "Compensation" includes a payment based on a sale or distribution made to a person who either is a participant in a pyramid promotional scheme or has the right to become a participant upon paymen…
N.D.C.C. § 51-16.1-02 Pyramid promotional schemes prohibited - Defenses excluded
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1. No person may establish, operate, advertise, or promote a pyramid promotional scheme. 2. It is not a defense to a criminal or civil prosecution under this section that: a. The plan contains a limitation as to the number of persons who may participate or the presence of additio…
N.D.C.C. § 51-16.1-03 Referral selling prohibited
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No seller or lessor may give or offer a rebate, discount, or anything of value to a buyer or lessee as an inducement for a sale or lease in consideration of the buyer or lessee giving to the seller or lessor the names of prospective purchasers or lessees, or otherwise aiding the …
N.D.C.C. § 51-16.1-04 Penalty - Civil remedies
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Any person, including the officers and directors of any company, violating any of the provisions of this chapter is: 1. Guilty of a class A misdemeanor, but a person who has been previously convicted of a class A misdemeanor under this chapter may be charged with and convicted of…
N.D.C.C. § 51-16.1-05 Scope of remedies
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1. The rights and remedies that this chapter grants to purchasers in pyramid promotional schemes and referral selling schemes are independent of and supplemental to any other right or remedy available to them in law or equity, and nothing contained herein may be construed to dimi…