New Hampshire § 403-E:2 Qualified Charitable Gift Annuity is Not Insurance

New Hampshire Statutes

§ 403-E:2 — Qualified Charitable Gift Annuity is Not Insurance

New Hampshire § 403-E:2

Title XXXVIIINSURANCE

Ch. 403-ECHARITABLE GIFT ANNUITIES EXEMPTION

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Bluebook

N.H. Rev. Stat. Ann. § 403-E:2 (2026).

Text

I.The issuance of a qualified charitable gift annuity does not constitute engaging in the business of insurance in this state.

II.A charitable gift annuity issued before the effective date of this chapter shall be deemed to be a qualified charitable gift annuity for purposes of this chapter, and the issuance of that charitable gift annuity shall not constitute engaging in the business of insurance in this state, if the charitable organization issuing such annuity has given notice to the director pursuant to RSA 403-E:3, II(a).

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I. The issuance of a qualified charitable gift annuity does not constitute engaging in the business of insurance in this state.
II. A charitable gift annuity issued before the effective date of this chapter shall be deemed to be a qualified charitable gift annuity for purposes of this chapter, and the issuance of that charitable gift annuity shall not constitute engaging in the business of insurance in this state, if the charitable organization issuing such annuity has given notice to the director pursuant to RSA 403-E:3, II(a).