Current through Chapter 381 of the 2024 Legislative Session
Section 403-E:2 - Qualified Charitable Gift Annuity is Not InsuranceI. The issuance of a qualified charitable gift annuity does not constitute engaging in the business of insurance in this state.II. A charitable gift annuity issued before the effective date of this chapter shall be deemed to be a qualified charitable gift annuity for purposes of this chapter, and the issuance of that charitable gift annuity shall not constitute engaging in the business of insurance in this state, if the charitable organization issuing such annuity has given notice to the director pursuant to RSA 403-E:3, II(a).1999, 68:1, eff. May 28, 1999.