Section 21.36.130. Stock operations and advisory board contracts.

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A person may not issue or deliver or permit its agents, officers, or employees to issue or deliver, agency company stock or other capital stock, or benefit certificates or shares in a common law corporation, or securities, or an advisory board contract or other similar contract of any kind promising returns and profits as an inducement to insurance.

Notes

History

(Sec. 1 ch 120 SLA 1966; am Sec. 7 ch 163 SLA 1976)

                    
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