Tex. Ins. Code Section 102.051
Not Insurance; Effect of Certain Laws


The issuance of a qualified charitable gift annuity:

(1)

does not constitute engaging in the business of insurance in this state;

(2)

does not violate Section 15.05 (Unlawful Practices) or 17.46 (Deceptive Trade Practices Unlawful), Business & Commerce Code; and

(3)

is not an unconscionable action or course of action for purposes of Section 17.50 (Relief for Consumers)(a)(3), Business & Commerce Code.
Added by Acts 1999, 76th Leg., ch. 101, Sec. 1, eff. Sept. 1, 1999.

Source: Section 102.051 — Not Insurance; Effect of Certain Laws, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­102.­htm#102.­051 (accessed Mar. 23, 2024).

Accessed:
Mar. 23, 2024

§ 102.051’s source at texas​.gov