District of Columbia Statutes
§ 31-2231.09 — Stock operations and advisory board contracts.
District of Columbia § 31-2231.09
JurisdictionDistrict of Columbia
Title 31Insurance and Securities.
Ch. 22AUnfair Insurance Trade Practices.
This text of District of Columbia § 31-2231.09 (Stock operations and advisory board contracts.) is published on Counsel Stack Legal Research, covering District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
D.C. Code § 31-2231.09 (2026).
Text
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.
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Legislative History
Apr. 3, 2001, D.C. Law 13-265, § 109, 48 DCR 1225
Nearby Sections
15
§ 31-1001
Report requirement.§ 31-1004
Confidentiality.§ 31-101
Definitions.§ 31-103
Functions and duties.§ 31-105
Transfers.§ 31-106
Organization.§ 31-106.01
Student Loan Ombudsman.§ 31-106.02a
Prohibited conduct – student loan servicers.§ 31-106.02b
Affirmative duties – student loan servicers.§ 31-106.02c
Prohibited acts – private education lenders.Cite This Page — Counsel Stack
Bluebook (online)
District of Columbia § 31-2231.09, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/31-2231.09.