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Current as of March 28, 2024 | Updated by Findlaw Staff
(a) A charitable organization that issues qualified charitable gift annuities shall notify the Commissioner in writing by the date on which it enters into the organization's first qualified charitable gift annuity agreement. The notice shall:
(1) Be signed by an officer or director of the organization;
(2) Identify the organization; and
(3) Certify that:
(A) The organization is a charitable organization; and
(B) The annuities issued by the organization are qualified charitable gift annuities.
(b) The charitable organization shall not be required to submit additional information except to determine appropriate penalties that may be applicable under Code Section 33-58-5.
Cite this article: FindLaw.com - Georgia Code Title 33. Insurance § 33-58-4 - last updated March 28, 2024 | https://codes.findlaw.com/ga/title-33-insurance/ga-code-sect-33-58-4/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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