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59 chapters · 1,882 sections in this title.
Tenn. Code Ann. § 56-52-101 Short title — Construction — Application
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(a) This chapter applies to charitable gift annuities issued by charitable organizations as defined in § 56-52-102 and is known and may be cited as the “Tennessee Charitable Gift Annuity Act of 2008.” (b) The issuance of a charitable gift annuity by a charitable organization auth…
Tenn. Code Ann. § 56-52-102 Chapter definitions
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(a) As used in this chapter, unless the context otherwise requires:(1) “Annuity” means a contract or agreement, both with and without a life or mortality element, to make periodic payments, whether in fixed or variable dollar amounts, or both, at specified intervals;(2) (A) “Char…
Tenn. Code Ann. § 56-52-103 Certificate of authority — Application — Fees — Exemption
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(a) A charitable organization shall not receive any transfer of property, conditioned upon its agreement to pay an annuity to the donor or other annuitant unless and until it has obtained from the commissioner a certificate of authority to issue charitable gift annuities. (b) A c…
Tenn. Code Ann. § 56-52-104 Charitable gift annuity separate accounts
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(a) A charitable organization authorized by this chapter shall maintain one (1) or more charitable gift annuity separate accounts for its charitable gift annuities. The assets allocated to any such separate account shall not be used to satisfy any debts of the charitable organiza…
