59-1803. Issuance of annuity; how construed.
108 words·~1 min read·
/ne/chapter-59/59-1803A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Issuance of a charitable gift annuity does not constitute:
(1)Engaging in business as a trust company subject to the Nebraska Trust Company Act;
(2)Engaging in the business of insurance subject to Chapter 44;
(3)Engaging in an act in violation of sections 59-801 to 59-831 ;
(4)Engaging in an act in violation of the Viatical Settlements Act; or
(5)Engaging in an act in violation of the Uniform Deceptive Trade Practices Act. Conduct other than issuance of a charitable gift annuity, including the marketing of a charitable gift annuity, is not exempt from application of the Uniform Deceptive Trade Practices Act pursuant to this subdivision.