2017 Missouri Revised Statutes
Title XXIII CORPORATIONS, ASSOCIATIONS AND PARTNERSHIPS
Chapter 352 Religious and Charitable Associations — Charitable Gift Annuities
Section 352.510 Notice to donors, disclosure, required.
Effective 28 Aug 2001
Title XXIII CORPORATIONS, ASSOCIATIONS AND PARTNERSHIPSChapter 352
352.510. Notice to donors, disclosure, required. — When entering into an agreement for a qualified charitable gift annuity, the qualified organization shall promptly 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 department of insurance, financial institutions and professional registration or protected by a guaranty association. 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.
(L. 1996 S.B. 768 § 3, A.L. 2001 H.B. 664)