Texas Insurance Code Title 2, Chapter 102 - Charitable Gift Annuities

SUBCHAPTER A GENERAL PROVISIONS

• Texas Section 102.001 - Definitions
  In this chapter: (1) "Charitable gift annuity" means an annuity: (A) that is payable over the lives of one or two individuals; (B) that is...

SUBCHAPTER B ISSUANCE OF CHARITABLE GIFT ANNUITY

• Texas Section 102.002 - Qualified Charitable Gift Annuity
  A charitable gift annuity is a qualified charitable gift annuity for purposes of this chapter if it was issued before September 1, 1995, or if...

SUBCHAPTER C NOTICE

• Texas 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...
• Texas 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...
• Texas Section 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...
• Texas Section 102.103 - Effect On Annuity Of Failure To Provide Notice
  A charitable gift annuity that otherwise meets the requirements of Section 102.002 is a qualified charitable gift annuity without regard to whether the charitable organization...

SUBCHAPTER D EFFECT OF CHARITABLE GIFT ANNUITY IN LITIGATION AND CERTAIN OTHER PROCEEDINGS

• Texas Section 102.104 - Enforcement Of Notice Requirements
  (a) The commissioner may enforce the notice requirements of this subchapter by sending by certified mail, return receipt requested, a letter demanding that the charitable...
• Texas Section 102.151 - Immunity
  Any person or entity involved in the issuance of a qualified charitable gift annuity shall have immunity from suit, including both a defense to liability...
• Texas Section 102.152 - Treatment Of Annuity As Charitable Gift Annuity; Estoppel
  In any litigation or other proceeding brought by or on behalf of a donor or the donor's heirs or distributees, an annuity that the donor...

Last modified: September 28, 2016