Tex. Insurance Code § 102.101
NOTICE TO DONOR
Texas · Texas Insurance Code · Status: effective
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- Citation
- Tex. Insurance Code § 102.101, NOTICE TO DONOR, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/677004
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Full text
(a) A charitable organization that issues a qualified charitable gift annuity shall give to the donor, at the time an agreement for a qualified charitable gift annuity is entered into, written notice that the annuity is not:
(1) insurance under the laws of this state;
(2) subject to regulation by the department; and
(3) protected by a guaranty association affiliated with the department.
(b) The notice must be in a separate paragraph of the annuity agreement in a print size at least as large as the print size generally used in the agreement.