Stock operations and advisory board contracts

D.C. Code § 31-2231.09 — under Unfair Insurance Trade Practices..

D.C. Code § 31-2231.09

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.