§ 3718a Charitable gift annuities

8 V.S.A. § 3718a (N/A)
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§ 3718a. Charitable gift annuities

(a) Charitable gift annuity is not insurance. The issuance of a charitable gift annuity by a qualified charitable organization does not constitute engaging in the business of insurance in this State.

(b) Not unfair or deceptive trade practice. The issuance of a charitable gift annuity does not constitute a violation of section 4724 of this title. (Added 2001, No. 37, § 1.)