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Illinois Compiled Statutes - Full Text
Illinois Compiled Statutes (ILCS)
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(815 ILCS 505/2A) (from Ch. 121 1/2, par. 262A)
Sec. 2A.
(1) The use or employment of any chain referral sales technique, plan,
arrangement or agreement whereby the buyer is induced to purchase
merchandise upon the seller's promise or representation that if buyer will
furnish seller names of other prospective buyers or like or identical
merchandise that seller will contact the named prospective buyers and buyer
will receive a reduction in the purchase price by means of a cash rebate,
commission, credit toward balance due or any other consideration, which
rebate, commission, credit or other consideration is contingent upon
seller's ability to sell like or identical merchandise to the named
prospective buyers, is declared to be an unlawful practice within the
meaning of this Act.
(2) It is an unlawful practice within the meaning of this Act for any
person, by himself or through others, to sell, offer to sell, or attempt
to sell the right to participate in a pyramid sales scheme.
(Source: P.A. 83-808.)
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