§ 6-29-1 - Home solicitation referral selling.

SECTION 6-29-1

   § 6-29-1  Home solicitation referralselling. – No seller in a home solicitation sale or a cash sale as defined in §6-28-2 shall offer to pay a commission or give a rebate or discount to thebuyer in consideration of the buyer's giving to the seller the names ofprospective purchasers or otherwise aiding the seller in making a sale toanother person, unless the seller actually delivers to the purchaser a chartshowing the actual experience of purchasers for the three (3) calendar yearsending prior to the contract under consideration, including the number of andmonies paid to those who participated in the plan, and unless there shall be aseparate, written agreement signed and dated by the buyer and also signed bythe seller containing the following in ten (10) point bold face type or larger,directly above the space reserved in the agreement for the signature of thebuyer:

   (1) No purchase of goods or services between the parties tothe sale has been induced by the promise of monies to be earned under thisagreement.

   (2) The purchase price of any goods or services in anytransaction between the parties to the sale has not been increased in any waybecause of this agreement.

   (3) No payments due under this agreement may be held up,credited, or set-off toward payment of any obligation between the partiesexcept on written authorization specifically allowing that action.

   (4) No other representations or agreements, oral or written,have been made by the parties to the sale relating to the terms of thisagreement.