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1996 U.S. Code
Title 15 - COMMERCE AND TRADE
CHAPTER 1 - MONOPOLIES AND COMBINATIONS IN RESTRAINT OF TRADE
Sec. 37 - Modification of antitrust laws

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Metadata
Publication TitleUnited States Code, 1994 Edition, Supplement 2, Title 15 - COMMERCE AND TRADE
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 15 - COMMERCE AND TRADE
CHAPTER 1 - MONOPOLIES AND COMBINATIONS IN RESTRAINT OF TRADE
Sec. 37 - Modification of antitrust laws
Containssection 37
Date1996
Laws in Effect as of DateJanuary 6, 1997
Positive LawNo
Dispositionstandard
Source CreditPub. L. 104-63, §2, Dec. 8, 1995, 109 Stat. 687.
Statutes at Large Reference109 Stat. 687
Public Law ReferencesPublic Law 104-63

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§37. Modification of antitrust laws (a) Exempt conduct

Except as provided in subsection (b) of this section, it shall not be unlawful under any of the antitrust laws, or under a State law similar to any of the antitrust laws, for 2 or more persons described in section 501(c)(3) of title 26 that are exempt from taxation under section 501(a) of title 26 to use, or to agree to use, the same annuity rate for the purpose of issuing 1 or more charitable gift annuities.

(b) Limitation

Subsection (a) of this section shall not apply with respect to the enforcement of a State law similar to any of the antitrust laws, with respect to conduct described in subsection (a) of this section occurring after the State enacts a statute, not later than 3 years after December 8, 1995, that expressly provides that subsection (a) of this section shall not apply with respect to such conduct.

(Pub. L. 104–63, §2, Dec. 8, 1995, 109 Stat. 687.)

References in Text

For definition of “antitrust laws”, referred to in text, see section 37a(2) of this title.

Effective Date

Section 4 of Pub. L. 104–63 provided that: “This Act [enacting this section, section 37a of this title, and provisions set out as a note under section 1 of this title] shall apply with respect to conduct occurring before, on, or after the date of the enactment of this Act [Dec. 8, 1995].”

Section Referred to in Other Sections

This section is referred to in section 37a of this title.

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