§ 2517. Charitable gift annuities
§ 2517. Charitable gift annuities (a) Definitions. As used in this section: (1) “Annuity obligation” means the present value of the charity’s payment obligation to the donor as calculated by the Internal Revenue Code actuarial tables. (2) “Charitable gift annuity” means an annuity described in 26 U.S.C. § 501(m)(5) and 514(c)(5). (3) “Charitable organization” means […]