2018 Mississippi Code
Title 79 - Corporations, Associations, and Partnerships
Chapter 11 - Nonprofit, Nonshare Corporations and Religious Societies
Charitable Gift Annuities
§ 79-11-655. Notice to donor.

Universal Citation: MS Code § 79-11-655 (2018)
  • (1) When entering into an agreement for a qualified charitable gift annuity, the charitable organization shall disclose to the donor in writing in the annuity agreement that a qualified charitable gift annuity is not insurance under the laws of this state and is not subject to regulation by the insurance commissioner or protected by an insurance guaranty association.

  • (2) The notice provisions required by this section must be in a separate paragraph in a print size no smaller than that employed in the annuity agreement generally.

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