Tex. Ins. Code § 102.051 · Subchapter B. ISSUANCE OF CHARITABLE GIFT ANNUITY
NOT INSURANCE; EFFECT OF CERTAIN LAWS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
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.
Notes and commentary — not statutory text
History
Added by Acts 1999, 76th Leg., ch. 101, Sec. 1, eff. Sept. 1, 1999.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.102.htm
- Text hash
- sha256 41accf0acecad72708ef5b2b8ca1884e5245f93851f822f87e447fbb28d7fc65
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Business & Commerce Code
- Tex. Bus. & Com. Code § 15.05UNLAWFUL PRACTICES.Printed as Section 15.05 or 17.46, Business & Commerce Code
- Tex. Bus. & Com. Code § 17.46DECEPTIVE TRADE PRACTICES UNLAWFUL.Printed as Section 15.05 or 17.46, Business & Commerce Code
- Tex. Bus. & Com. Code § 17.50RELIEF FOR CONSUMERS.Printed as Section 17.50(a)(3), Business & Commerce Code
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.