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164 chapters · 3,415 sections in this title.
Iowa Code § 508F.1 Definitions.
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As used in this chapter , unless the context clearly indicates otherwise: 1. “Charitable gift annuity” means a transfer of property by a donor to a charitable organization in return for an annuity payable over one or two lives, if the actuarial value of the annuity is less than t…
Iowa Code § 508F.2 Qualified charitable gift annuity is not insurance.
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1. The issuance of a qualified charitable gift annuity does not constitute engaging in the business of insurance in this state. 2. A charitable gift annuity that meets the requirements of a qualified charitable gift annuity shall be deemed to be a qualified charitable gift annuit…
Iowa Code § 508F.3 Annuity agreement — notice to donor.
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An agreement for a qualified charitable gift annuity executed by a charitable organization and a donor shall be in writing. The annuity agreement shall include a notice stating that a qualified charitable gift annuity is not insurance under the laws of this state and is not subje…
Iowa Code § 508F.4 Notice filed with the commissioner.
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1. A charitable organization that issues qualified charitable gift annuities in this state on and after July 1, 2001, shall file a notice with the commissioner in writing not later than the date on which it executes the organization’s first qualified charitable annuity agreement.…