MULTI-LEVEL MARKETING COMPANIES

Multi-level marketing companies (MLMs) are required to register with the CSI Securities
Division. All submissions are submitted electronically, please do not mail in.  

  • An MLM is one that sells, distributes, or supplies goods or services through agents, contractors, or distributors at different levels of distribution.
  • MLMs also include companies that compensate participants, in part, based on purchases, sales, or the recruitment of other participants in the MLM.
  • Companies that are a member of the Direct Selling Association (DSA) are not required to file notice with the CSI.
  • Compliance with Montana state law does not signify that the state endorses a multi-level marketing company, and just because a company is registered with the CSI does not mean the company’s products and selling plan are foolproof. A person should do their own due diligence before joining.
  • To check and see if the company you are affiliated with or considering has filed with Montana, HERE.
  • To see if the company you are affiliated with or considering is a member of the DSA, click HERE.
IMPORTANT: All filings are now electronic. Do not mail in any submissions. Please download the MLD-1 Form to your desktop, fill it out, and click the button at the end of the form to submit it with any supporting documents.

MLM NOTICE FILING & COMPLIANCE

In Montana, it is unlawful for a person to transact business in this state as a multi-level marketing company unless the MLM has filed with the Montana CSI or is a member of the Direct Selling Association (DSA). For information on Notice Filing requirements and the Uniform Notice Filing form, click HERE.

Click HERE to download to your desktop, complete, and submit the MLD-1 Form electronically.