Effective 28 Aug 2001
352.510. Notice to donors, disclosure, required. — When entering into an agreement for a qualified charitable gift annuity, the qualified organization shall promptly 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 the department of commerce and insurance or protected by a guaranty association. The notice provisions required by this section must be in a separate paragraph in a print size no smaller than that employed in the annuity agreement generally.
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(L. 1996 S.B. 768 § 3, A.L. 2001 H.B. 664)
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