2011 Arizona Revised Statutes
Title 44 Trade and Commerce
44-1213 Issuance of get rich quick contract prohibited; classification


AZ Rev Stat § 44-1213 (1996 through 1st Reg Sess 50th Legis) What's This?

44-1213. Issuance of get rich quick contract prohibited; classification

A person is guilty of a class 2 misdemeanor who issues any contract:

1. Providing for its redemption or fulfillment from contributions made by subscribers to or holders of other similar contracts.

2. Providing for payment of money or giving any consideration greater in value than the amount paid in upon such contracts, together with the actual net earnings accrued and accumulated thereon.

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