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NRS 688A.282

Qualified charitable-gift annuity: Issuance does not constitute transacting insurance

Known as the Standard Nonforfeiture Law

The act spans §§ 688–688 (62 sections).

(Added to NRS by 1999, 1951)

The issuance of a qualified charitable-gift annuity does not constitute transacting insurance in this state. A charitable-gift annuity issued before October 1, 1999, is a qualified charitable-gift annuity for the purposes of NRS 688A.281 to 688A.285, inclusive.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.