Issuance of annuity; how construed.

  1. Law
  2. Nebraska Revised Statutes
  3. Monopolies and Unlawful Restraint of Trade
  4. Issuance of annuity; how construed.

Checkout our iOS App for a better way to browser and research.

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.

Source

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

Cross References

  • Nebraska Trust Company Act, see section 8-201.01.
  • Uniform Deceptive Trade Practices Act, see section 87-306.
  • Viatical Settlements Act, see section 44-1101.


Download our app to see the most-to-date content.