Sec. 102.051. NOT INSURANCE; EFFECT OF CERTAIN LAWS

Latest version.

The issuance of a qualified charitable gift annuity:
(1) does not constitute engaging in the business of insurance in this state;
(2) does not violate Section 15.05 or 17.46, Business & Commerce Code; and
(3) is not an unconscionable action or course of action for purposes of Section 17.50(a)(3), Business & Commerce Code.

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

                    
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