WVC 47 - 15 - 1
(a) "Pyramid promotional scheme" shall mean the organization
of any chain letter club, pyramid club, or other group organized
or brought together under any plan or device whereby fees or dues
or anything of material value to be paid or given by members
thereof are to be paid or given to any other member thereof,
which plan or device includes any provision for the increase in
such membership through a chain process of any members securing
other new members and thereby advancing themselves in the group
to a position where such members in turn receive fees, dues or
things of material value from other members.
(b) "Promote" or "promotion" shall mean the initiation,
preparation, operation, advertisement, or the recruitment of any
person or persons in the furtherance of any pyramid promotional
scheme as defined in subsection (a) of this section.
Note: WV Code updated with legislation passed through the 2016 Regular Session
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