There is a newer version of the Vermont Statutes
2015 Vermont Statutes
Title 8 - Banking and Insurance
Chapter 103 - Life Insurance Policies And Annuity Contracts
Subchapter 1: GENERALLY
§ 3718a Charitable gift annuities
8 V.S.A. § 3718a 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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