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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>56726</law_id><section_number>38.2-507</section_number><catch_line>Stock operations and advisory board contracts</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><structure><unit label="title" level="1" order_by="1" identifier="38.2">Insurance</unit><unit label="chapter" level="2" order_by="1" identifier="5">Unfair Trade Practices</unit></structure><text>
						<section><p>No <span class="dictionary">person</span> shall <span class="dictionary">issue</span> or deliver or permit agents, officers, or employees to <span class="dictionary">issue</span> or deliver capital stock, benefit certificates or shares in any corporation, securities, any special or advisory board <span class="dictionary">contracts</span> or any <span class="dictionary">contract</span> promising returns and profits as an inducement to <span class="dictionary">insurance</span>.</p></section></text><history>Code 1950, &#xA7; 38.1-52; 1952, c. 317, &#xA7; 38.1-52.6; 1977, c. 529; 1978, c. 441; 1979, c. 324; 1980, c. 404; 1986, c. 562.</history><metadata></metadata></law>
