The issuance of a qualified charitable gift annuity:
- (1) does not constitute engaging in the business of insurance in this state;
- (2) does not violate Section 15.05 or 17.46, Business & Commerce Code; and
- (3) is not an unconscionable action or course of action for purposes of Section 17.50(a)(3), Business & Commerce Code.
Added by Acts 1999, 76th Leg., ch. 101, Sec. 1, eff. Sept. 1, 1999.