508F.4 - NOTICE FILED WITH THE COMMISSIONER.

        508F.4  NOTICE FILED WITH THE COMMISSIONER.         1.  A charitable organization that issues qualified charitable      gift annuities in this state on and after July 1, 2001, shall file a      notice with the commissioner in writing not later than the date on      which it executes the organization's first qualified charitable      annuity agreement.  All of the following shall apply:         a.  The notice must be signed by an officer or director of the      charitable organization.         b.  The notice must identify the name and address of the      charitable organization.         c.  The notice must include a copy of the determination letter      issued by the internal revenue service.         d.  The notice must certify that the charitable organization      is a bona fide charitable organization and that the annuities issued      by the charitable organization are qualified charitable gift      annuities.         2.  The charitable organization is not required to submit      additional information, unless the information is to be used to      determine appropriate penalties that may be applicable under section      508F.5.  
         Section History: Recent Form
         2001 Acts, ch 28, §5         Referred to in § 508F.5