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Code · Vermont · Title 8 — Banking and Insurance · Chapter 103

§ 3718a.

67 words·~1 min read·/vt/title-8/chapter-103/3718a

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§ 3718a. Charitable gift annuities
(a)Charitable gift annuity is not insurance. The issuance of a charitable gift annuity by a qualified charitable organization does not constitute engaging in the business of insurance in this State.
(b)Not unfair or deceptive trade practice. The issuance of a charitable gift annuity does not constitute a violation of section 4724 of this title. (Added 2001, No. 37, § 1.)
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