Tex. Ins. Code § 102.101 · Subchapter C. NOTICE
NOTICE TO DONOR.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A charitable organization that issues a qualified charitable gift annuity shall give to the donor, at the time an agreement for a qualified charitable gift annuity is entered into, written notice that the annuity is not:
(1) insurance under the laws of this state;
(2) subject to regulation by the department; and
(3) protected by a guaranty association affiliated with the department.
(b) The notice must be in a separate paragraph of the annuity agreement in a print size at least as large as the print size generally used in the agreement.
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 4d879cf72325e6f93af4405813790cd75eb0f836b39909cff615fd06512e9b02
- 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
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.