58-1-17. Disclosure statement for issuance of charitable gift annuity.

Any qualified organization which issues a charitable gift annuity shall include on its promotional literature and the charitable gift annuity the following disclosure statement in ten point bold type or larger: "Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance."

Source: SL 1994, ch 370, § 2.