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§ 33-20-702 — Montana Law | CourtGPT
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  5. Chapter 20 - Life Insurance/
  6. Part 7 - Charitable Gift Annuities33-20-701. Definitions/
  7. § 33-20-702
Montana Legal Code

§ 33-20-702

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33-20-702. Charitable gift annuity not insurance. (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. History: En. Sec. 2, Ch. 482, L. 2003.

Source: https://mca.legmt.gov/bills/mca/title_0330/chapter_0200/part_0070/section_0020/0330-0200-0070-0020.html· Version 2025