Neb. Rev. Stat. §§ 59-1803

Current with changes through the 2024 First Special Legislative Session

Section 59-1803 - Issuance of annuity; how construed

Issuance of a charitable gift annuity does not constitute:

(1) Engaging in business as a trust company subject to the Nebraska Trust Company Act;

(2) Engaging in the business of insurance subject to Chapter 44;

(3) Engaging in an act in violation of sections 59-801 to 59-831;

(4) Engaging in an act in violation of the Viatical Settlements Act; or

(5) Engaging in an act in violation of the Uniform Deceptive Trade Practices Act. Conduct other than issuance of a charitable gift annuity, including the marketing of a charitable gift annuity, is not exempt from application of the Uniform Deceptive Trade Practices Act pursuant to this subdivision.

Neb. Rev. Stat. §§ 59-1803

Laws 1996, LB 972, § 3; Laws 1998, LB 1321, § 98; Laws 2001, LB 52, § 57; Laws 2002, LB 1278, § 34.