Certificate holder—Variable annuity business prohibited.

RCW 48.38.042 — under Chapter 48.38 Charitable gift annuity business..

RCW 48.38.042

An insurer or institution holding a certificate of exemption to issue charitable gift annuities under this chapter shall not transact or be authorized to transact a variable annuity business as described in chapter 48.18A RCW.[ 1998 c 284 s 5.]