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The DC Code: § 31-2231.09 Stock operations and advisory board contracts.

Index31 Insurance and Securities. (Refs & Annos)

No person, as an inducement to purchase insurance, shall issue or deliver, or permit its agents, officers, or employees to issue or deliver:

Agency company stock or other capital stock, benefit certificates, or shares in a common law corporation;
Securities; or
A special or advisory board contract or other contracts of any kind promising returns and profits.

Historical and Statutory

Legislative History of Laws For D.C. Law 13-265, see notes following § 31-2231.01. DC CODE § 31-2231.09 Current through December 11, 2012


(Apr. 3, 2001, D.C. Law 13-265, § 109, 48 DCR 1225.)