{"data":{"id":"us-in/ic-27-1-12.4-2","jurisdiction":"us-in","citation":"IC 27-1-12.4-2","heading":"Annuities exempt from regulation","body":"Sec. 2. An annuity is not subject to regulation by the department under IC 27 if the annuity:\n(1) is established under a transaction that, for federal income tax purposes, is treated:\n(A) in part as a charitable contribution under Section 170 of the Internal Revenue Code; and\n(B) in part as an investment in an annuity contract under Section 72 of the Internal Revenue Code; and\n(2) meets the requirements for exclusion from the definition of \"acquisition indebtedness\" under Section 514(c)(5) of the Internal Revenue Code.","path":["TITLE 27. INSURANCE","ARTICLE 1. DEPARTMENT OF INSURANCE","Chapter 12.4. Charitable Gift Annuities"],"source_url":"https://iga.in.gov/ic/2026/Title_27.html#27-1-12.4-2","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-25T05:39:04Z","sha256":"147c85cda503d753d0a1a13625ad9f51f0c31031ad7ab70dbc3e90a3d5ce1b81","source_id":"us-in","stale":false,"prev":"us-in/ic-27-1-12.4-1","next":"us-in/ic-27-1-12.5-0.1"},"notice":"GroundRules: Original legal text. Not legal advice."}