Tex. Ins. Code § 102.051

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 102.051 - Not Insurance; Effect of Certain Laws

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.

Tex. Ins. Code § 102.051

Added by Acts 1999, 76th Leg., ch. 101, Sec. 1, eff. 9/1/1999.