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IntroducedOct 27, 2025
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Passed House
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Passed Senate
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Signed into Law
Prohibition of Pyramid Promotional Schemes; Prohibits person from establishing, promoting, operating, or participating in pyramid promotional scheme; requires DLA to issue & serve complaint & cease & desist order; establishes procedures for cease & desist orders; provides for restitution; authorizes DLA to apply for injunction; provides requirements for injunction; authorizes court to appoint receiver; provides for powers & duties of such receivership; authorizes court to issue order to stay certain actions & requires such actions be assigned to judge who appointed receiver; provides that specified provisions & penalties are in addition to civil, administrative, or criminal actions provided by law.
Summary/Bill Text
Comments on HB 265
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- Oct 27, 2025 | House
- Filed
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