procurement of a contract for purchase of goods or services with
another or others, or for the referral of the name or names of
another or others for the purpose of attempting to procure or
procuring such a contract of purchase with such other person or
persons when such payment, credit, compensation or reward is
contingent upon the occurrence of an event subsequent to the
time of the signing of a contract to purchase;
(xiii) Promoting or engaging in any plan by which goods or
services are sold to a person for a consideration and upon the
further consideration that the purchaser secure or attempt to
secure one or more persons likewise to join the said plan; each
purchaser to be given the right to secure money, goods or
services depending upon the number of persons joining the plan.
In addition, promoting or engaging in any plan, commonly known
as or similar to the so-called "Chain-Letter Plan" or "Pyramid
Club." The terms "Chain-Letter Plan" or "Pyramid Club" mean any
scheme for the disposal or distribution of property, services or
anything of value whereby a participant pays valuable
consideration, in whole or in part, for an opportunity to
receive compensation for introducing or attempting to introduce
one or more additional persons to participate in the scheme or
for the opportunity to receive compensation when a person
introduced by the participant introduces a new participant. As
used in this subclause the term "consideration" means an
investment of cash or the purchase of goods, other property,
training or services, but does not include payments made for
sales demonstration equipment and materials for use in making
sales and not for resale furnished at no profit to any person in
the program or to the company or corporation, nor does the term
apply to a minimal initial payment of twenty-five dollars ($25)
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