352.515. Issuance of annuity not business of insurance.
Issuance of annuity not business of insurance.
352.515. The issuance of a qualified charitable gift annuity does notconstitute engaging in the business of insurance in this state. Acharitable gift annuity issued before August 28, 2001, is a qualifiedcharitable gift annuity for purposes of this chapter and the issuance ofsuch charitable gift annuity does not constitute engaging in the businessof insurance in the state.
(L. 1996 S.B. 768 § 4, A.L. 1997 H.B. 319, A.L. 2001 H.B. 664)