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Texas Insurance Code - Section 102.051. Not Insurance; Effect Of Certain Laws

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§ 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 or 17.46, Business & Commerce Code; and (3) is not an unconscionable action or course of action for purposes of Section 17.50(a)(3), Business & Commerce Code. Added by Acts 1999, 76th Leg., ch. 101, § 1, eff. Sept. 1, 1999.

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Last modified: August 11, 2007