Revised Code of Washington - RCW Title 48 Insurance - Chapter 48.38 Charitable Gift Annuity Business

  • 48.38.010 Certificate of exemption -- Qualification for -- Application, contents -- Minimum unrestricted net assets -- "Qualified actuary" defined
    The commissioner may grant a certificate of exemption to any insurer or educational, religious, charitable, or scientific institution conducting a charitable gift annuity business: (1) ...
  • 48.38.012 Minimum unrestricted net assets required
    After June 30, 1998, an insurer or institution which does not have the minimum unrestricted net assets required by RCW 48.38.010(6) may not issue any ...
  • 48.38.020 Separate reserve fund -- Treatment of assets -- Minimum amounts -- Revocation of certificate upon violation -- Purchase of single premium life annuity
    (1) Upon granting to such insurer or institution under RCW 48.38.010 a certificate of exemption to conduct a charitable gift annuity business, the insurance commissioner ...
  • 48.38.030 Charitable annuity contract or policy form -- Contents
    Each charitable annuity contract or policy form must include the following information: (1) The value of the property to be transferred; (2) The amount of ...
  • 48.38.040 Certificate holder exempt from certain title provisions -- Chapter 48.31 RCW applies
    (1) An insurer or institution holding a certificate of exemption under this chapter shall be exempt from all other provisions of this title except as ...
  • 48.38.042 Certificate holder -- Variable annuity business prohibited
    An insurer or institution holding a certificate of exemption to issue charitable gift annuities under this chapter shall not transact or be authorized to transact ...
  • 48.38.050 Grounds for denial, revocation, or suspension of certificate of exemption -- Fine may be levied
    (1) The insurance commissioner may refuse to grant, or may revoke or suspend, a certificate of exemption if the insurance commissioner finds that the insurer ...
  • 48.38.060 Hearings and appeals provisions inapplicable
    For purposes of this chapter, the provisions of chapter 48.04 RCW are applicable.[1979 c 130 § 11.]Notes:      Severability -- 1979 c 130: See note following ...
  • 48.38.070 Enforcement powers and duties
    For the purposes of this chapter, the insurance commissioner has the same powers and duties of enforcement as are provided in RCW 48.02.080.[1979 c 130 ...
  • 48.38.075 Rules
    The commissioner may adopt rules to implement and administer this chapter.[1998 c 284 § 6.] ...

Last modified: April 7, 2009