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District of Columbia · Through 2026-08-20 (D.C. Law 26-175)

D.C. Code § 31-2231.09: Stock operations and advisory board contracts.

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Where this section sits in the code
  1. Title 31. Insurance and Securities.
  2. Chapter 22A. Unfair Insurance Trade Practices.

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.

Collected 2026-08-29T05:44:07Z. Source file · JSON

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