applicable insurance contract
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 6050V — for purposes of this section
The term “applicable insurance contract” means any life insurance, annuity, or endowment contract with respect to which both an applicable exempt organization and a person other than an applicable exempt organization have directly or indirectly held an interest in the contract (whether or not at the same time).