diff --git a/tests/parser/syntax/test_conditionals.py b/tests/parser/syntax/test_conditionals.py
new file mode 100644
index 0000000000..10b5172a15
--- /dev/null
+++ b/tests/parser/syntax/test_conditionals.py
@@ -0,0 +1,27 @@
+import pytest
+from vyper import compiler
+
+valid_list = [
+    """
+@private
+def mkint() -> int128:
+    return 1
+
+@public
+def test_zerovalent():
+    if True:
+        self.mkint()
+
+@public
+def test_valency_mismatch():
+    if True:
+        self.mkint()
+    else:
+        pass
+    """
+]
+
+
+@pytest.mark.parametrize('good_code', valid_list)
+def test_conditional_return_code(good_code):
+    assert compiler.compile_code(good_code) is not None
diff --git a/vyper/parser/lll_node.py b/vyper/parser/lll_node.py
index bf96d6308e..cd989f0568 100644
--- a/vyper/parser/lll_node.py
+++ b/vyper/parser/lll_node.py
@@ -107,12 +107,8 @@ def __init__(self, value, args=None, typ=None, location=None, pos=None, annotati
             elif self.value == 'if':
                 if len(self.args) == 3:
                     self.gas = self.args[0].gas + max(self.args[1].gas, self.args[2].gas) + 3
-                    if self.args[1].valency != self.args[2].valency:
-                        raise Exception("Valency mismatch between then and else clause: %r %r" % (self.args[1], self.args[2]))
                 if len(self.args) == 2:
                     self.gas = self.args[0].gas + self.args[1].gas + 17
-                    if self.args[1].valency:
-                        raise Exception("2-clause if statement must have a zerovalent body: %r" % self.args[1])
                 if not self.args[0].valency:
                     raise Exception("Can't have a zerovalent argument as a test to an if statement! %r" % self.args[0])
                 if len(self.args) not in (2, 3):
diff --git a/vyper/parser/stmt.py b/vyper/parser/stmt.py
index c353a9d472..6fde572638 100644
--- a/vyper/parser/stmt.py
+++ b/vyper/parser/stmt.py
@@ -252,7 +252,7 @@ def parse_if(self):
         if self.stmt.orelse:
             block_scope_id = id(self.stmt.orelse)
             with self.context.make_blockscope(block_scope_id):
-                add_on = [parse_body(self.stmt.orelse, self.context)]
+                add_on = [['seq', parse_body(self.stmt.orelse, self.context)]]
         else:
             add_on = []
 
@@ -262,12 +262,13 @@ def parse_if(self):
 
             if not self.is_bool_expr(test_expr):
                 raise TypeMismatchException('Only boolean expressions allowed', self.stmt.test)
-
+            body = ['if', test_expr,
+                    ['seq', parse_body(self.stmt.body, self.context)]] \
+                            + add_on
             o = LLLnode.from_list(
-                ['if', test_expr, parse_body(self.stmt.body, self.context)] + add_on,
+                body,
                 typ=None, pos=getpos(self.stmt)
             )
-
         return o
 
     def _clear(self):