Nev. Rev. Stat. § 688A.284

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 688A.284 - Qualified charitable-gift annuity: Required notice to Commissioner; contents of notice; further information
1. A charitable organization that issues qualified charitable-gift annuities shall notify the Commissioner in writing on or before December 30, 1999, or the expiration of 90 days after it first enters into an agreement to issue a qualified charitable-gift annuity, whichever is later. The notice must:
(a) Be signed by an officer or director of the organization;
(b) Identify the organization; and
(c) Certify that the organization is a charitable organization and that the annuities are qualified charitable-gift annuities.
2. Unless the Commissioner demands information to determine the amount of a penalty pursuant to NRS 688A.285, the organization need submit no other information.

NRS 688A.284

Added to NRS by 1999, 1951
Added to NRS by 1999, 1951