403-E:1 Definitions. – In this chapter: I. "American Council on Gift Annuities" means the organization which on the effective date of this chapter has its principal place of business in Indianapolis, Indiana, and which advises charitable organizations and promulgates recommended standards regarding the provision of charitable gift annuities. II. "Charitable gift annuity" means a […]
403-E:2 Qualified Charitable Gift Annuity is Not Insurance. – 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 […]
403-E:3 Disclosures; Notification; Recertification. – I. (a) When entering into an agreement for a qualified charitable gift annuity, the charitable organization shall disclose to the donor in writing in the annuity agreement that a qualified charitable gift annuity is not insurance under the laws of this state and is not subject to regulation by […]
403-E:4 Failure to Comply. – The failure of a charitable organization to comply with the requirements imposed under RSA 403-E:3 of this chapter shall not prevent a charitable gift annuity that otherwise meets the requirements of this chapter from constituting a qualified charitable gift annuity. The director shall enforce performance of RSA 403-E:3 by […]
403-E:5 Not Unfair or Deceptive Trade Practice. – The issuance of a qualified charitable gift annuity shall not constitute a violation of RSA 417. Source. 1999, 68:1, eff. May 28, 1999.
