Tex. Ins. Code Section 102.101
Notice to Donor

(a)

A charitable organization that issues a qualified charitable gift annuity shall give to the donor, at the time an agreement for a qualified charitable gift annuity is entered into, written notice that the annuity is not:

(1)

insurance under the laws of this state;

(2)

subject to regulation by the department; and

(3)

protected by a guaranty association affiliated with the department.

(b)

The notice must be in a separate paragraph of the annuity agreement in a print size at least as large as the print size generally used in the agreement.
Added by Acts 1999, 76th Leg., ch. 101, Sec. 1, eff. Sept. 1, 1999.

Source: Section 102.101 — Notice to Donor, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­102.­htm#102.­101 (accessed Apr. 20, 2024).

Green check means up to date. Up to date

Accessed:
Apr. 20, 2024

§ 102.101’s source at texas​.gov