2018 Missouri Revised Statutes
Title XXIII - Corporations, Associations and Partnerships
Chapter 352 - Religious and Charitable Associations — Charitable Gift Annuities
Section 352.505 Notice to department, contents.

Universal Citation: MO Rev Stat § 352.505 (2018)

Effective 28 Aug 2001

Title XXIII CORPORATIONS, ASSOCIATIONS AND PARTNERSHIPS

Chapter 352

352.505. Notice to department, contents. — 1. A qualified organization that issues qualified charitable gift annuities shall notify the department of insurance, financial institutions and professional registration in writing by the later of ninety days after August 28, 2001, or the date on which it enters into the organization's first qualified charitable gift annuity agreement. The notice must:

(1) Be signed by an officer or director of the organization;

(2) Identify the organization; and

(3) Certify that:

(a) The organization is a qualified organization; and

(b) The annuities issued by the organization are qualified charitable gift annuities.

2. The organization shall be required to submit additional information if necessary to determine appropriate penalties that may be applicable pursuant to section 352.520.

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(L. 1996 S.B. 768 § 2, A.L. 2001 H.B. 664)

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