State Codes and Statutes

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615.05

615.05 Issuance of certificate of authority to issue gift annuities. The commissioner shall issue a certificate applied for under s. 615.04 if:

615.05(1)

(1) All requirements of the law have been met; and

615.05(2)

(2) The commissioner is satisfied that the corporation is in a position properly to negotiate, execute and safeguard such annuity contracts.

615.05 - ANNOT.

History: 1975 c. 374, 421.