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2011 Vermont Code
Title 08 Banking and Insurance
Chapter 103 LIFE INSURANCE POLICIES AND ANNUITY CONTRACTS
§ 3718a Charitable gift annuities


8 VT Stats § 3718a. (2011 through Adj Sess) What's This?

§ 3718a. Charitable gift annuities

(a) Charitable gift annuity is not insurance. The issuance of a charitable gift annuity by a qualified charitable organization does not constitute engaging in the business of insurance in this state.

(b) Not unfair or deceptive trade practice. The issuance of a charitable gift annuity does not constitute a violation of section 4724 of this title. (Added 2001, No. 37, { 1.)

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