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§ 4079. Purchase of annuities authorized

Oklahoma Statutes AnnotatedTitle 36. Insurance

Oklahoma Statutes Annotated
Title 36. Insurance (Refs & Annos)
Chapter 1. Insurance Code (Refs & Annos)
Article 40. Life Insurance and Annuities
Oklahoma Charitable Gift Annuity Act
36 Okl.St.Ann. § 4079
§ 4079. Purchase of annuities authorized
A qualified charitable organization may use a portion of the money or property received in exchange for a qualified charitable gift annuity to purchase an annuity upon the life of the annuitant of the qualified charitable gift annuity from an insurance company qualified to transact a business of insurance in this state.

Credits

Laws 1998, c. 141, § 9, emerg. eff. April 21, 1998.
36 Okl. St. Ann. § 4079, OK ST T. 36 § 4079
Current with emergency effective legislation through Chapter 295 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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