Texas Insurance Code - Section 102.101. Notice To Donor
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§ 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, § 1, eff. Sept. 1, 1999.
Section: 101.353 101.354 101.355 101.356 102.001 102.002 102.051 102.101 102.102 102.103 102.104 102.151 102.152 201.001 201.002
Last modified: August 11, 2007
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