Texas Insurance Code

§ 102.102 — NOTICE TO DEPARTMENT

IN § 102.102Title 2. TEXAS DEPARTMENT OF INSURANCE · Part B. DISCIPLINE AND ENFORCEMENT · Ch. 102. CHARITABLE GIFT ANNUITIES · Art. C. NOTICE

Statute text

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(a)A charitable organization that issues qualified charitable gift annuities shall notify the department's annuities division in writing not later than the date on which the organization enters into the organization's first qualified charitable gift annuity agreement.

(b)The notice required by this section must:

(1)be signed by an officer or director of the organization;

(2)identify the organization; and

(3)certify that:

(A)the organization is a charitable organization; and

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Legislative history

Added by Acts 1999, 76th Leg., ch. 101, Sec. 1, eff. Sept. 1, 1999.