Charitable Gift Annuity Not Insurance

Mont. Code Ann. § 33-20-702, under Charitable Gift Annuities.

Mont. Code Ann. § 33-20-702

(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 issued before April 24, 2003, is a qualified charitable gift annuity for purposes of this part, and the issuance of that charitable gift annuity does not constitute engaging in the business of insurance in this state.