Texas Insurance Code - Section 102.102. Notice To Department
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§ 102.102. NOTICE TO DEPARTMENT. (a) A charitable
organization that issues qualified charitable gift annuities shall
notify the department's annuities division in writing not later
than the date on which the organization enters into the
organization's first qualified charitable gift annuity agreement.
(b) The notice required by this section must:
(1) be signed by an officer or director of the
organization;
(2) identify the organization; and
(3) certify that:
(A) the organization is a charitable
organization; and
(B) the annuities issued by the organization are
qualified charitable gift annuities.
(c) The charitable organization may not be required to
submit additional information except to determine appropriate
penalties under Section 102.104.
Added by Acts 1999, 76th Leg., ch. 101, § 1, eff. Sept. 1, 1999.
Section: 101.354 101.355 101.356 102.001 102.002 102.051 102.101 102.102 102.103 102.104 102.151 102.152 201.001 201.002 201.003
Last modified: August 11, 2007
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