37-33-4."Compensation" defined.
For the purposes of §§37-33-1 to 37-33-11, inclusive, the term, compensation, means a payment of any money, thing of value, or financial benefit conferred in return for inducing another person to participate in a pyramid promotional scheme.
Source: SL 2003, ch 213, §4.
Structure South Dakota Codified Laws
Chapter 33 - Pyramid Promotional Schemes
Section 37-33-1 - "Promote" defined.
Section 37-33-3 - "Pyramid promotional scheme" defined.
Section 37-33-4 - "Compensation" defined.
Section 37-33-5 - "Consideration" defined.
Section 37-33-6 - "Inventory loading" defined.
Section 37-33-8 - Certain plans not defined as pyramid promotional schemes.
Section 37-33-9 - Attorney general may proceed against pyramid promotional schemes.