{"data":{"id":"us-tn/tenn.-code-ann.-56-52-102","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 56-52-102","heading":"Chapter definitions","body":"(a) As used in this chapter, unless the context otherwise requires: (1) \"Annuity\" means a contract or agreement, both with and without a life or mortality element, to make periodic payments, whether in fixed or variable dollar amounts, or both, at specified intervals; (2) (A) \"Charitable gift annuity\" means a transfer of cash, securities, annuities or other property by a donor to a charitable organization in return for an annuity issued by a charitable organization; (B) \"Charitable gift annuity\" does not include a charitable remainder trust or a charitable lead trust or other similar arrangement where the charitable organization does not issue an annuity and incur a financial obligation to guarantee annuity payments. \"Charitable gift annuity\" also does not mean any transfer of cash, securities, annuities or other property by a donor to a charitable organization in return for an annuity where a commission is paid to any person as a result of the transfer; (3) \"Charitable gift annuity separate account\" means any segregated account established by a charitable organization to which the organization allocates cash, securities, annuities or other property transferred by a donor to the organization that are to be applied to the terms of a charitable gift annuity issued in connection with the transfer to fund benefits under the charitable gift annuity; (4) \"Charitable organization\" means an entity described by: (A) Section 501(c)(3) of the Internal Revenue Code of 1986 ( 26 U.S.C. § 501(c)(3) ); or (B) Section 170(c) of the Internal Revenue Code of 1986 ( 26 U.S.C. § 170(c) ); and (5) \"Commissioner\" means the commissioner of commerce and insurance. Acts 2008 , ch. 831, §§ 1, 3.\n(a) As used in this chapter, unless the context otherwise requires: (1) \"Annuity\" means a contract or agreement, both with and without a life or mortality element, to make periodic payments, whether in fixed or variable dollar amounts, or both, at specified intervals; (2) (A) \"Charitable gift annuity\" means a transfer of cash, securities, annuities or other property by a donor to a charitable organization in return for an annuity issued by a charitable organization; (B) \"Charitable gift annuity\" does not include a charitable remainder trust or a charitable lead trust or other similar arrangement where the charitable organization does not issue an annuity and incur a financial obligation to guarantee annuity payments. \"Charitable gift annuity\" also does not mean any transfer of cash, securities, annuities or other property by a donor to a charitable organization in return for an annuity where a commission is paid to any person as a result of the transfer; (3) \"Charitable gift annuity separate account\" means any segregated account established by a charitable organization to which the organization allocates cash, securities, annuities or other property transferred by a donor to the organization that are to be applied to the terms of a charitable gift annuity issued in connection with the transfer to fund benefits under the charitable gift annuity; (4) \"Charitable organization\" means an entity described by: (A) Section 501(c)(3) of the Internal Revenue Code of 1986 ( 26 U.S.C. § 501(c)(3) ); or (B) Section 170(c) of the Internal Revenue Code of 1986 ( 26 U.S.C. § 170(c) ); and (5) \"Commissioner\" means the commissioner of commerce and insurance.\n(1) \"Annuity\" means a contract or agreement, both with and without a life or mortality element, to make periodic payments, whether in fixed or variable dollar amounts, or both, at specified intervals;\nnue Code of 1986 ( 26 U.S.C. § 501(c)(3) ); or (B) Section 170(c) of the Internal Revenue Code of 1986 ( 26 U.S.C. § 170(c) ); and (5) \"Commissioner\" means the commissioner of commerce and insurance.\n(1) \"Annuity\" means a contract or agreement, both with and without a life or mortality element, to make periodic payments, whether in fixed or variable dollar amounts, or both, at specified intervals;\n(2) (A) \"Charitable gift annuity\" means a transfer of cash, securities, annuities or other property by a donor to a charitable organization in return for an annuity issued by a charitable organization; (B) \"Charitable gift annuity\" does not include a charitable remainder trust or a charitable lead trust or other similar arrangement where the charitable organization does not issue an annuity and incur a financial obligation to guarantee annuity payments. \"Charitable gift annuity\" also does not mean any transfer of cash, securities, annuities or other property by a donor to a charitable organization in return for an annuity where a commission is paid to any person as a result of the transfer;\n(A) \"Charitable gift annuity\" means a transfer of cash, securities, annuities or other property by a donor to a charitable organization in return for an annuity issued by a charitable organization;\n(B) \"Charitable gift annuity\" does not include a charitable remainder trust or a charitable lead trust or other similar arrangement where the charitable organization does not issue an annuity and incur a financial obligation to guarantee annuity payments. \"Charitable gift annuity\" also does not mean any transfer of cash, securities, annuities or other property by a donor to a charitable organization in return for an annuity where a commission is paid to any person as a result of the transfer;\n(3) \"Charitable gift annuity separate account\" means any segregated account established by a charitable organization to which the organization allocates cash, securities, annuities or other property transferred by a donor to the organization that are to be applied to the terms of a charitable gift annuity issued in connection with the transfer to fund benefits under the charitable gift annuity;\n(4) \"Charitable organization\" means an entity described by: (A) Section 501(c)(3) of the Internal Revenue Code of 1986 ( 26 U.S.C. § 501(c)(3) ); or (B) Section 170(c) of the Internal Revenue Code of 1986 ( 26 U.S.C. § 170(c) ); and\n(A) Section 501(c)(3) of the Internal Revenue Code of 1986 ( 26 U.S.C. § 501(c)(3) ); or\n(B) Section 170(c) of the Internal Revenue Code of 1986 ( 26 U.S.C. § 170(c) ); and\n(5) \"Commissioner\" means the commissioner of commerce and insurance.","path":["TN Code","Title 56","Chapter 52"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_tn_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:26Z","sha256":"d3a07ccf97320b51a60b62c03f643f23634ad770e6dadd6efa085d296001dbb7","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-56-52-101","next":"us-tn/tenn.-code-ann.-56-52-103"},"notice":"GroundRules: Original legal text. Not legal advice."}