™Your Policy Risk Impact Agent
46 chapters · 346 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…
