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HB 265Died

Prohibition of Pyramid Promotional Schemes

Step 6 of 6: DiedEnded after Committee

What this bill does

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.

Sponsors

Details

Session
2026 Regular
Chamber
House
Filed
Oct 27, 2025
Last action
Mar 13, 2026
Official bill page