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2019 Montana Code Annotated
Title 33. Insurance and Insurance Companies
Chapter 20. Life Insurance
Part 7. Charitable Gift Annuities
33-20-702. Charitable gift annuity not insurance
Universal Citation:
MT Code § 33-20-702 (2019)
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33-20-702. Charitable gift annuity not insurance. (1) The issuance of a qualified charitable gift annuity does not constitute engaging in the business of insurance in this state.
(2) A charitable gift annuity issued before April 24, 2003, is a qualified charitable gift annuity for purposes of this part, and the issuance of that charitable gift annuity does not constitute engaging in the business of insurance in this state.
History: En. Sec. 2, Ch. 482, L. 2003.
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