D.C. Code § 31-2231.09 – 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