The issuance of a qualified charitable gift annuity does not constitute engaging in the business of insurance in this state. A charitable gift annuity issued before August 28, 2001, is a qualified charitable gift annuity for purposes of this chapter and the issuance of such charitable gift annuity does not constitute engaging in the business of insurance in the state.
Mo. Rev. Stat. § 352.515
Issuance of annuity not business of insurance
Effective: 28 Aug 2001; (L. 1996 S.B. 768 § 4, A.L. 1997 H.B. 319, A.L. 2001 H.B. 664)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.