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2017 District of Columbia Code
Title 31 - Insurance and Securities.
Chapter 22A - Unfair Insurance Trade Practices.
§ 31–2231.09. Stock operations and advisory board contracts.
Universal Citation: DC Code § 31–2231.09 (2017)
No person, as an inducement to purchase insurance, shall issue or deliver, or permit its agents, officers, or employees to issue or deliver:
(1) Agency company stock or other capital stock, benefit certificates, or shares in a common law corporation;
(2) Securities; or
(3) A special or advisory board contract or other contracts of any kind promising returns and profits.
(Apr. 3, 2001, D.C. Law 13-265, § 109, 48 DCR 1225.)
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