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Current as of January 01, 2025 | Updated by Findlaw Staff
1. A charitable organization that issues qualified charitable-gift annuities shall notify the Commissioner in writing on or before December 30, 1999, or the expiration of 90 days after it first enters into an agreement to issue a qualified charitable-gift annuity, whichever is later. The notice must:
(a) Be signed by an officer or director of the organization;
(b) Identify the organization; and
(c) Certify that the organization is a charitable organization and that the annuities are qualified charitable-gift annuities.
2. Unless the Commissioner demands information to determine the amount of a penalty pursuant to NRS 688A.285, the organization need submit no other information.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 57. Insurance § 688A.284. Qualified charitable-gift annuity: Required notice to Commissioner; contents of notice; further information - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-57-insurance/nv-rev-st-688a-284/
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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