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NEBRASKA STATUTES AND CODES

59-1803 Issuance of annuity; how construed.

59-1803. Issuance of annuity; how construed.Issuance of a charitable gift annuity does not constitute:(1) Engaging in business as a trust company subject to the Nebraska Trust Company Act;(2) Engaging in the business of insurance subject to Chapter 44;(3) Engaging in an act in violation of sections 59-801 to 59-831;(4) Engaging in an act in violation of the Viatical Settlements Act; or(5) Engaging in an act in violation of the Uniform Deceptive Trade Practices Act. Conduct other than issuance of a charitable gift annuity, including the marketing of a charitable gift annuity, is not exempt from application of the Uniform Deceptive Trade Practices Act pursuant to this subdivision. SourceLaws 1996, LB 972, § 3; Laws 1998, LB 1321, § 98; Laws 2001, LB 52, § 57; Laws 2002, LB 1278, § 34. Cross ReferencesNebraska Trust Company Act, see section 8-201.01.Uniform Deceptive Trade Practices Act, see section 87-306.Viatical Settlements Act, see section 44-1101.

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