Vermont Statutes
§ 3718a — Charitable gift annuities
Vermont·Title 8 Title 8: Banking and Insurance·Ch. 103 Chapter 103: Life Insurance Policies and Annuity Contracts
(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.
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Legislative History
(Added 2001, No. 37, § 1.)
Nearby Sections
11
§ 3711
Charitable life gifts§ 3717
Annuity contracts§ 3718
Annuity considerations§ 3718a
Charitable gift annuities§ 3719
Valuation of bonds, etc.