09. Stock operations and advisory board contracts. 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.)
District of Columbia Legal Code