Nebraska § 59-1803 Issuance of annuity; how construed

Nebraska Statutes

§ 59-1803 — Issuance of annuity; how construed

Nebraska·Ch. 59 Monopolies and Unlawful Restraint of Trade

Issuance of a charitable gift annuity does not constitute:

(1)Engaging in business as a trust company subject to the Nebraska Trust Company Act;

(2)Engaging in the business of insurance subject to Chapter 44;

(3)Engaging in an act in violation of sections 59-801 to 59-831 ;

(4)Engaging in an act in violation of the Viatical Settlements Act; or

(5)Engaging in an act in violation of the Uniform Deceptive Trade Practices Act. Conduct other than issuance of a charitable gift annuity, including the marketing of a charitable gift annuity, is not exempt from application of the Uniform Deceptive Trade Practices Act pursuant to this subdivision.

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Issuance of a charitable gift annuity does not constitute:
(1) Engaging in business as a trust company subject to the Nebraska Trust Company Act;
(2) Engaging in the business of insurance subject to Chapter 44;
(3) Engaging in an act in violation of sections 59-801 to 59-831 ;
(4) Engaging in an act in violation of the Viatical Settlements Act; or
(5) Engaging in an act in violation of the Uniform Deceptive Trade Practices Act. Conduct other than issuance of a charitable gift annuity, including the marketing of a charitable gift annuity, is not exempt from application of the Uniform Deceptive Trade Practices Act pursuant to this subdivision.

Nebraska § 59-1803 (Issuance of annuity; how construed) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: Laws 1996, LB 972, § 3; Laws 1998, LB 1321, § 98; Laws 2001, LB 52, § 57; Laws 2002, LB 1278, § 34. Cross References: Nebraska Trust Company Act, see section 8-201.01. Uniform Deceptive Trade Practices Act, see section 87-306. Viatical Settlements Act, see section 44-1101.